Trump’s inauguration could mark local top for crypto, research shows
Historically, markets outperform after presidential elections and then stall once the President-elect takes office, data shows.
The cryptocurrency market’s bullish momentum may slow after United States President-elect Donald Trump’s inauguration on Jan. 20, 2025, according to data on historical market performance during US election years.
In the US, stocks — and cryptocurrencies such as Bitcoin (BTC) — perform well in the weeks after a presidential election and then cool off once the President-elect takes office, according to data from Bloomberg and researcher Macrobond Financial.
This is especially pronounced when the incumbent president is a Republican, according to data from TS Lombard, a research group. The Republican party is typically seen as more business-friendly, sparking greater post-election market euphoria.
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Author: Alex O’Donnell
