BlockNews
FOLLOW ON X
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
Home CRYPTO

Will Donald Trump’s Inauguration Mark a Top for Crypto?

by Sham
December 2, 2024
in CRYPTO, OPINION
Reading Time: 2 mins read
A A
5
SHARES
87
VIEWS
Share on XShare in TelegramShare on Reddit
  • The cryptocurrency market’s bullish momentum may slow after US President-elect Donald Trump’s inauguration on Jan. 20, 2025, according to historical market performance data.
  • Markets tend to outperform after presidential elections and then stall once the President-elect takes office, with the effect being more pronounced when the incumbent president is a Republican.
  • While Bitcoin’s price has seen a significant post-election gain of over 30%, some analysts expect a correction of up to 30% before Bitcoin reaches its cyclical top.

The cryptocurrency market has seen substantial gains since the US presidential election in early November. However, historical data shows that performance often stalls once the president-elect takes office.

Post-Election Market Euphoria

Markets, including stocks and cryptocurrencies like Bitcoin, tend to rally after a US presidential election. This effect is especially pronounced when the incumbent president is Republican, as investors welcome more business-friendly policies.

According to Citi strategist Scott Chronert, investors should “tactically fade a postelection rally” once markets overextend. The S&P 500 has gained nearly 45% since election day, while Bitcoin is up over 30%.

Cooling Off After Inauguration

Research shows that market gains made between the election and inauguration day often reverse course once the president takes office. While prices rebound after an initial post-inauguration dip, the breakneck growth seen in the interim typically cools.

Bitcoin’s Correlation to Stocks

Bitcoin has historically traded as a high-risk asset closely correlated to US equities, especially tech stocks. However, crypto’s relationship to the Nasdaq has weakened recently to one of its lowest levels in five years.

Still, with a nearly 50% rolling 30-day correlation, broader stock market downturns could substantially impact Bitcoin and Ethereum. This leaves major cryptocurrencies exposed to post-inauguration declines.

The Road Ahead

Despite potential turbulence around the inauguration, crypto investors remain bullish on Bitcoin’s prospects for 2023. Some expect the current bull run to continue into the second half of next year before peaking.

Tags: cryptocryptocurrencyDonald TrumpScott ChronertUS presidential election
Tweet1ShareShare
Previous Post

Cardano DeFi TVL Nears $700 Million Amid ADA Surge

Next Post

XRP Price Analysis; Can XRP Hit $6 This Cycle?

DON'T MISS THESE! HOT OFF THE PRESS

Toncoin and Telegram: The Sleeping Giant of 2025?
BITCOIN

Toncoin and Telegram: The Sleeping Giant of 2025?

July 1, 2025
Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL
BITCOIN

Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL

July 1, 2025
SEC Plans Shortcut for Crypto ETFs With New Listing Rules
CRYPTO

SEC Plans Shortcut for Crypto ETFs With New Listing Rules

July 1, 2025
Donald Trump Threatens Elon Musk with DOGE Audit
FINANCE

Donald Trump Threatens Elon Musk with DOGE Audit

July 1, 2025
Jerome Powell Says July May be Too Early for Rate Cuts, But Doesn’t Rule it Out
FINANCE

Jerome Powell Says July May be Too Early for Rate Cuts, But Doesn’t Rule it Out

July 1, 2025
Deutsche Bank Eyes 2026 Launch for Bitcoin and Ethereum Custody
FINANCE

Deutsche Bank Eyes 2026 Launch for Bitcoin and Ethereum Custody

July 1, 2025
Load More

Related News

Toncoin and Telegram: The Sleeping Giant of 2025?

Toncoin and Telegram: The Sleeping Giant of 2025?

July 1, 2025
Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL

Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL

July 1, 2025
SEC Plans Shortcut for Crypto ETFs With New Listing Rules

SEC Plans Shortcut for Crypto ETFs With New Listing Rules

July 1, 2025
Donald Trump Threatens Elon Musk with DOGE Audit

Donald Trump Threatens Elon Musk with DOGE Audit

July 1, 2025
Jerome Powell Says July May be Too Early for Rate Cuts, But Doesn’t Rule it Out

Jerome Powell Says July May be Too Early for Rate Cuts, But Doesn’t Rule it Out

July 1, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano Chainlink China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • HOME
  • CRYPTO
  • MEMECOINS
  • TECHNOLOGY
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.