US election another ‘buy the rumor, buy the news’ event for BTC: Pantera
The Wall Street adage of “buy the rumor, sell the news” didn’t apply to the launch of US spot Bitcoin ETFs last year, and it won’t apply to President Trump’s inauguration next week.
2025 is shaping up to be another banner year for Bitcoin (BTC) and the broader cryptocurrency market, with the inauguration of President-elect Donald Trump set to drive markets even higher, according to Pantera Capital’s latest blockchain letter.
Pantera’s “The Year Ahead in Crypto” sought to dispel fears that the United States presidential election was a “buy the rumor, sell the news” event for Bitcoin.
In traditional markets, this adage refers to a common investment strategy of buying an asset when there are positive rumors and selling it when the news is later confirmed. The idea is that the asset’s price will rise in anticipation of the news and then decline once it’s confirmed.
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Author: Sam Bourgi
