With just a week left before Donald Trump is inaugurated as the 47th President of the United States, cryptocurrency market participants are closely monitoring the situation.
With just seven days before the inauguration on January 20, investors and analysts are bracing for the impact of Trump’s return to the White House.
Has the Market Priced Trump’s Victory?
Many in the cryptocurrency market are wondering if the market has “priced in” Trump’s victory for Bitcoin. The term “pricing” refers to the idea that markets have absorbed and reflected expectations about a future event or development in current asset prices.
Analysts like Dan Gambardello and Hoeem believe the market has not yet priced in Trump’s inauguration. This means there is room for a cryptocurrency rally after Trump takes office.
“People think Trump’s pro-crypto presidency and governments are racing to buy Bitcoin is already priced in. Actually, not yet,” Gambardello post on X.
Hoeem cryptocurrency expert donate The opinion of many people is to say: “Donald Trump’s inauguration is NOT priced in yet.”
“Trump will regulate everything that negatively affects the cryptocurrency market. Trump will reinforce anything positive for the cryptocurrency market. He wanted, from day one, the price increase to go up and up not just because of his team and family’s strong connection to the market but simply because of his ego,” Hoeem added. .
It seems that even traditional financial markets are waiting to exploit a crypto bull run under Trump.
According to a survey by Bitwise, 56% of financial advisors say Trump’s victory makes them more likely to invest in cryptocurrency. Of those already invested in crypto, 99% plan to maintain or increase their crypto allocation in 2025.
Prudence vs. Optimistic: Crypto Markets Prepare for Trump
Amid hopes for a rally after Trump takes office on January 20, some say caution is needed.
New York Digital Investment Group said It could take time before Trump delivers on his campaign promises. NYDIG warns that there will be no change to cryptocurrency policy immediately after the inauguration, especially since senior government positions have not been filled.
“We advise against expecting immediate change. Key officials still need to be appointed, those who have been appointed need to go through the confirmation process, and once confirmed, they need to form a team,” NYDIG explained.
Furthermore, authorities have not yet revealed who will head agencies such as the CFTC, OCC and FDIC. However, NYDIG believes that “they will support Bitcoin and cryptocurrencies.”
During his previous term, Trump’s policies significantly affected financial markets, including cryptocurrency. His administration often has an unclear regulatory stance, contributing to the volatility of the digital asset space.
Now that Trump has clearly shown his support for cryptocurrencies, it remains to be seen how quickly he can deliver on his promises. In the days leading up to the inauguration, the crypto community remained cautious but optimistic.