K33: Trump’s Inauguration May No Longer Be a “Sell the News” Event for Bitcoin

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ODAILY
01-14
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Odaily reported that after Trump's election victory, the prospect of his support for crypto policies initially boosted the price of Bitcoin. However, macroeconomic headwinds have caused the market to cool since mid-December, leading analysts to wonder whether Trump's inauguration is no longer a sell-the-news event. Analysts Vetle Lunde and David Zimmerman wrote in a report to clients on Tuesday that as the inauguration approaches, selling on this news has become less attractive, as the market tries to weigh the inflationary effects of Trump's tariff rhetoric against the potential for tax cuts and favorable crypto policies expected to boost risk assets this year. (The Block)

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