What Does Trump Winning Mean for Crypto and Other Assets?

Trump has won, but what does this mean for markets, crypto, and global politics? From traders to crypto enthusiasts and leaders like Ukrainian President Volodymyr Zelenskyy, everyone is watching closely.

Donald Trump is gearing up to take office as the 47th president on January 6, 2025.

As for crypto, the market is trending upward. Even before Georgia and North Carolina were called in his favor on election night, traders were already making moves in forex, bonds, and crypto, anticipating what’s to come.

US Treasury yields are rising as fears grow that the US deficit could worsen. At the same time, the dollar gains strength, bolstered by Trump’s plans for widespread tariffs on imports. Bitcoin’s price is also on the rise, crossing the $75,000 mark, as Trump’s newfound embrace of crypto fuels optimism across the market.

Crude oil took a dip as worries grew over the US increasing supply globally, echoing Trump’s “drill, baby, drill” mantra. It’s clear that the “Trump trade” is making a powerful comeback.

Keep in mind that presidential elections have historically been good for Bitcoin. In the past three election cycles in 2012, 2016, and 2020, Bitcoin saw impressive six-month returns of 949%, 131%, and 328%, respectively. With the 2024/25 election cycle ahead, some analysts are predicting Bitcoin could soar to $170,000, potentially making this the biggest post-election rally yet.

the post US Presidential Election average return on $BTC from each cycle?

1-month +23%
3-month +105%
6-month +470%

so regardless of the winner of the rat race, the market loves certainty and I don't expect this year to be any different

simply BET MORE pic.twitter.com/4a2NMY9DRB