Mainstream cryptos dipped 1% last week, reversing the previous week's 3% gain. What does this mean for your portfolio?
#Bitcoin led with a 3% increase, now up 130% YoY. #Solana surged 2%, up 635% YoY, while #BinanceCoin remained flat WoW but rose 137% YoY.
#Ethereum slipped 1%, holding a 76% YoY gain. #Polkadot dropped 8% WoW but is up 8% YoY.
- Key Development: CSOP Asset Management launched Asia's first inverse Bitcoin ETF, offering a new hedging tool for investors.
- A major highlight: Donald Trump, keynote speaker at Bitcoin Conference 2024, now supports crypto, advocating for fewer regulations and self-custody rights. With Trump leading in polls against Harris, his potential win could boost crypto sentiment.
What are your thoughts on the impact of Trump's support for crypto? Do you think it will significantly influence the market?
Stay informed and strategic as the crypto market evolves.
https://www.researchfrc.com/content/analyst-ideas/post/121/trump-endorses-cryptos-capital-flowing-to-small-caps