Rally mode: Crypto courses steeply high because of investor hopes on Trump's election victory

Rally mode: Crypto courses steeply high because of investor hopes on Trump's election victory

The influence of political events on the cryptom market

In the middle of political turbulence, the crypto market can record surprising movements. After the attack on former US President Donald Trump, investors are optimistic about his potential return to the White House. These hopes have led to a steep increase in crypto courses.

Bitcoin, the best -known cryptocurrency, rose by more than nine percent to $ 62,732. Other digital currencies such as Ethereum and Ripple also recorded profits of up to 13 percent. This increase is explained by experts that Donald Trump is considered a supporter of the crypto industry in investor circles.

Analysts like Timo Emden from Emden Research emphasize that investors hope for a possible relaxation of regulations in the United States if Donald Trump should be elected again. The expectation of a declining regulatory pressure has led to a positive change in mood on the cryptoma market.

- Nag