Collective Shift
Welcome to the Collective Shift podcast, where we aim to help you save time and get ahead in the world of cryptocurrency. In each episode, we cover the latest crypto developments and trends, discussing important headlines and introducing exciting new projects. We understand that crypto can be overwhelming, which is why we strive to provide clear and concise information to help you make informed decisions. So join us as we delve into the intersection of finance and tech, and learn how you can use crypto to stay ahead of the curve.
Collective Shift
Why Crypto Investors Are Hopeful For Trump Inauguration
Matt breaks down the recent decline in the crypto market, whether the U.S. government will sell its large stash of Bitcoin and MicroStrategy’s continued buying of Bitcoin. He also explains what crypto investors can expect in relation to U.S. President-elect Donald Trump’s upcoming inauguration.
Key Takeaways
- Crypto prices fell as the market adjusted to the growing likelihood that the U.S. will announce fewer rate cuts in 2025 than initially anticipated. We still expect prices to climb much higher this year.
- The market feared the U.S. government was going to sell a large amount of BTC last week. At the time of writing, this BTC has not been moved.
- U.S. President-elect Donald Trump will be inaugurated early next week. The crypto market will be closely monitoring any crypto-related announcements from Trump and his team. For what it’s worth, The Washington Post reported this week that Trump is expected to issue executive orders related to crypto policies on his first day in office.
- XRP (XRP) and Sui (SUI) have been notable outperformers amid this latest market sell-off.