* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Wednesday, October 8, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Beyond the Stage: 8 Performing Arts Centers Driving Entertainment and Education – Livability.com

    Beyond the Stage: 8 Performing Arts Centers Transforming Entertainment and Education

    Row K Entertainment Emerges as Major New Hollywood Buyer With Splashy TIFF Shopping Spree – TheWrap

    Row K Entertainment Emerges as Major New Hollywood Buyer With Splashy TIFF Shopping Spree – TheWrap

    Charlie Hunnam Reflects on Playing a Serial Killer in Monster: The Ed Gein Story – Yahoo

    Charlie Hunnam Reveals the Dark Challenges of Playing a Serial Killer in Monster: The Ed Gein Story

    “Reba” cast, then and now: See the stars 24 years later (and who’s reunited for another show) – Yahoo

    “Reba” cast, then and now: See the stars 24 years later (and who’s reunited for another show) – Yahoo

    Why Taylor Swift Name-Dropped Elizabeth Taylor in Her New Album – Yahoo

    Here’s Why Taylor Swift Dropped Elizabeth Taylor’s Name in Her New Album

    Al Roker Gives Olivia Dean an Unexpected ‘New Job’ on the ‘Today’ Show – Yahoo

    Al Roker Shocks Olivia Dean with an Exciting New Role on the ‘Today’ Show

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    US and investors gambling on unproven nuclear technology, warn experts – Financial Times

    US and investors gambling on unproven nuclear technology, warn experts – Financial Times

    Is Light-Speed Analog Computing the Future of Technology? – BIOENGINEER.ORG

    Could Light-Speed Analog Computing Transform the Future of Technology?

    ARM Institute opens technology project call to speed submarine manufacturing – The Robot Report

    ARM Institute Unveils Cutting-Edge Technology Project to Revolutionize Submarine Manufacturing

    Forget Cowbells. Cows Wear High-Tech Collars Now. – The New York Times

    Ditch the Cowbells: Discover the High-Tech Collars Transforming Cattle Care

    What the Recent Price Surge Means for Figure Technology Solutions After SEC Settlement – Yahoo Finance

    What the Recent Price Surge Reveals About Figure Technology Solutions Following SEC Settlement

    MAC Brings iPad Technology to Football Sidelines Across All 13 Member Schools – Sports Video Group

    MAC Brings iPad Technology to Football Sidelines Across All 13 Member Schools – Sports Video Group

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Beyond the Stage: 8 Performing Arts Centers Driving Entertainment and Education – Livability.com

    Beyond the Stage: 8 Performing Arts Centers Transforming Entertainment and Education

    Row K Entertainment Emerges as Major New Hollywood Buyer With Splashy TIFF Shopping Spree – TheWrap

    Row K Entertainment Emerges as Major New Hollywood Buyer With Splashy TIFF Shopping Spree – TheWrap

    Charlie Hunnam Reflects on Playing a Serial Killer in Monster: The Ed Gein Story – Yahoo

    Charlie Hunnam Reveals the Dark Challenges of Playing a Serial Killer in Monster: The Ed Gein Story

    “Reba” cast, then and now: See the stars 24 years later (and who’s reunited for another show) – Yahoo

    “Reba” cast, then and now: See the stars 24 years later (and who’s reunited for another show) – Yahoo

    Why Taylor Swift Name-Dropped Elizabeth Taylor in Her New Album – Yahoo

    Here’s Why Taylor Swift Dropped Elizabeth Taylor’s Name in Her New Album

    Al Roker Gives Olivia Dean an Unexpected ‘New Job’ on the ‘Today’ Show – Yahoo

    Al Roker Shocks Olivia Dean with an Exciting New Role on the ‘Today’ Show

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    US and investors gambling on unproven nuclear technology, warn experts – Financial Times

    US and investors gambling on unproven nuclear technology, warn experts – Financial Times

    Is Light-Speed Analog Computing the Future of Technology? – BIOENGINEER.ORG

    Could Light-Speed Analog Computing Transform the Future of Technology?

    ARM Institute opens technology project call to speed submarine manufacturing – The Robot Report

    ARM Institute Unveils Cutting-Edge Technology Project to Revolutionize Submarine Manufacturing

    Forget Cowbells. Cows Wear High-Tech Collars Now. – The New York Times

    Ditch the Cowbells: Discover the High-Tech Collars Transforming Cattle Care

    What the Recent Price Surge Means for Figure Technology Solutions After SEC Settlement – Yahoo Finance

    What the Recent Price Surge Reveals About Figure Technology Solutions Following SEC Settlement

    MAC Brings iPad Technology to Football Sidelines Across All 13 Member Schools – Sports Video Group

    MAC Brings iPad Technology to Football Sidelines Across All 13 Member Schools – Sports Video Group

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Bitcoin traders eye Trump victory as potential market boost – FT

July 6, 2024
in Business
Bitcoin traders eye Trump victory as potential market boost – FT
Share on FacebookShare on Twitter

Bitcoin traders eye Trump victory as potential market boost – FT Bitcoin traders eye Trump victory as potential market boost – FT Assad Jafri · 3 hours ago · 2 min read

The concept of a “Trump trade” is increasingly gaining traction among crypto traders due to the former President’s “perceived pro-crypto stance and policies.”

2 min read

Updated: Jul. 5, 2024 at 10:52 pm UTC

Bitcoin traders eye Trump victory as potential market boost – FT

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

Former President Donald Trump’s potential return to the White House is expected to trigger a significant surge in Bitcoin’s value, the Financial Times reported July 5, citing various analysts.

According to the FT, the concept of a “Trump trade” is increasingly gaining traction among crypto traders due to the former President’s “perceived pro-crypto stance and policies.”

The flagship crypto’s recent performance has been hindered by sales from miners and regulatory movements by US and German authorities. The anticipated repayments from the Mt. Gox bankruptcy case have also contributed to market volatility, causing Bitcoin to fall below $54,000 for the first time in months.

However, analysts remain optimistic that a Trump victory could lead to a significant rally for Bitcoin, potentially breaking another all-time high in August and reaching $100,000 by Election Day.

As of press time, Bitcoin had rebounded slightly and was trading a little above $56,000, based on CryptoSlate data.

Trump: The Bitcoin Advocate

According to the report, industry leaders are hopeful that a Trump administration, coupled with a strong Republican presence in Congress, will foster a more favorable regulatory environment for cryptocurrencies.

Donald Trump has recently emerged as a notable supporter of the crypto industry. He recently hosted crypto mining executives at his Mar-a-Lago estate and began accepting campaign contributions in digital assets. The former President has made several positive statements regarding crypto in recent weeks, including rumors that he is considering adopting Bitcoin as the country’s reserve asset.

Market analysts suggest that Trump’s pro-crypto stance could significantly enhance Bitcoin’s appeal, potentially driving its price to unprecedented levels. Some market watchers even predict that Bitcoin could reach $100,000 by Election Day if Trump wins, the report said.

A potential Trump presidency also brings broader financial market considerations. Policies anticipated under Trump, like stricter immigration controls, increased tariffs, and tax cuts, are expected to swell the US deficit, driving inflation and raising Treasury yields.

Standard Chartered’s head of digital assets research, Geoff Kendrick, highlighted that Trump’s policies might lead to “fiscal dominance,” where significant government deficits and debt undermine the Fed’s ability to control inflation.

Kendrick believes that such a scenario could benefit Bitcoin price, given its correlation with key US Treasury markers. He added that a steeper curve and higher break-even rates than real yields would likely push bitcoin prices higher, positioning it as a hedge against waning confidence in the US Treasury market.

Uncertain Political Landscape

According to the FT, if it becomes clear by late July that President Joe Biden will run for re-election, the probability of a Trump victory will increase, potentially driving Bitcoin to new heights.

However, the report added that the “Trump trade” largely depends on Biden being Trump’s opponent in November. According to the RealClearPolitics Betting Average, Trump currently holds a 55% chance of winning, while Biden stands at 16.5%.

This indicates that as long as Biden stays in the race, Bitcoin enthusiasts are likely to feel optimistic. On the other hand, if Biden withdraws and a new candidate steps in who is considered to have a competitive edge against Trump, Bitcoin’s momentum might falter.

Betting markets, such as Polymarket, have seen substantial wagers on Biden withdrawing from the race, with over $11 million placed on this outcome.

Bitcoin Market Data

At the time of press 10:52 pm UTC on Jul. 5, 2024, Bitcoin is ranked #1 by market cap and the price is down 2.85% over the past 24 hours. Bitcoin has a market capitalization of $1.12 trillion with a 24-hour trading volume of $57.17 billion. Learn more about Bitcoin ›

Crypto Market Summary

At the time of press 10:52 pm UTC on Jul. 5, 2024, the total crypto market is valued at at $2.07 trillion with a 24-hour volume of $135.31 billion. Bitcoin dominance is currently at 53.99%. Learn more about the crypto market ›

Mentioned in this articleLatest Alpha Market Report
>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : CryptoSlate – https://cryptoslate.com/bitcoin-traders-eye-trump-victory-as-potential-market-boost-ft/

Tags: BitcoinbusinessTraders
Previous Post

Bit Digital, Iris Energy report declining Bitcoin output, rise in hash rate YoY

Next Post

Multicoin Capital to match up to $1 million in SOL donations to Republican crypto PAC

Blackwater photos suggest new symbiosis between fish and anemones – EurekAlert!

Breathtaking Blackwater Photos Unveil an Unexpected Alliance Between Fish and Anemones

October 8, 2025
WATCH LIVE: The winner of the Nobel Prize in chemistry is… – PBS

Breaking News: Unveiling the Latest Nobel Prize Winner in Chemistry!

October 8, 2025
Soar through a 1,000-mile-long maze on Mars in this mesmerizing new satellite video – Live Science

Discover a Breathtaking 1,000-Mile-Long Maze on Mars in This Mesmerizing New Satellite Video

October 8, 2025
Video: Dog Sighs in Different Situations Like ‘He Works 9-5′ – Yahoo

Watch This Dog’s Hilarious Sighs That Perfectly Capture Everyday Life Moments

October 8, 2025
US and investors gambling on unproven nuclear technology, warn experts – Financial Times

US and investors gambling on unproven nuclear technology, warn experts – Financial Times

October 8, 2025
Wings, booze and heartbreak – what my research says about the hidden costs of sports fandom – The Conversation

Wings, Booze, and Heartbreak: The Untold Price of Being a Devoted Sports Fan

October 8, 2025
Create Your Own Private Garden and Escape the World – Signals AZ

Design Your Own Private Garden Sanctuary and Escape the Everyday

October 8, 2025
Rethinking New York City’s Economy: “The Menace Of Prosperity” – Forbes

Rethinking New York City’s Economy: Confronting the Hidden Challenges of Prosperity

October 8, 2025
Beyond the Stage: 8 Performing Arts Centers Driving Entertainment and Education – Livability.com

Beyond the Stage: 8 Performing Arts Centers Transforming Entertainment and Education

October 8, 2025
Eagles Host Towson Wednesday for Mental Health Awareness Game – aueagles.com

Eagles Face Towson Wednesday in Impactful Mental Health Awareness Showdown

October 7, 2025

Categories

Archives

October 2025
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Sep    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (857)
  • Economy (877)
  • Entertainment (21,750)
  • General (17,474)
  • Health (9,919)
  • Lifestyle (890)
  • News (22,149)
  • People (879)
  • Politics (888)
  • Science (16,088)
  • Sports (21,378)
  • Technology (15,858)
  • World (860)

Recent News

Blackwater photos suggest new symbiosis between fish and anemones – EurekAlert!

Breathtaking Blackwater Photos Unveil an Unexpected Alliance Between Fish and Anemones

October 8, 2025
WATCH LIVE: The winner of the Nobel Prize in chemistry is… – PBS

Breaking News: Unveiling the Latest Nobel Prize Winner in Chemistry!

October 8, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version