4E: Trump takes office, the market is optimistic about the prospects of US stocks and cryptocurrencies

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On January 21, Trump was officially sworn in as the 47th President of the United States, and investors are optimistic about the prospects for the US economy, betting that Trump will take a series of immediate actions to boost the US economy, which has driven a broad-based rally in US stock futures. According to 4E monitoring, US stocks were closed on Monday for the "Martin Luther King Jr. Day" holiday, and the S&P 500 futures ultimately rose 0.36%, the Dow futures rose 0.38%, and the Nasdaq futures rose 0.41%.

The cryptocurrency market has experienced volatile corrections, with Bitcoin briefly breaking through $109,000 to hit a new all-time high yesterday, but Trump did not mention cryptocurrency-related topics in his inauguration speech, leading to profit-taking behavior in the market, and the Bitcoin price has retreated to around $100,000, currently fluctuating above $102,000. The TRUMP and MELANIA meme coins that have been the focus of attention in recent days have plummeted, while the AI Agent token has seen a sharp rebound after a deep correction, with liquidity returning.

In the foreign exchange and commodity markets, the US dollar index fell more than 1.2%, with non-US currencies generally rising more than 1%, and the yen approaching a one-month high supported by reports that the Bank of Japan may raise interest rates on Friday. Affected by Trump's temporary suspension of tariff hikes, oil prices fell, with Brent crude falling nearly 1.7%; affected by the weakness of the US dollar, industrial metals such as gold, silver and copper all rose, with spot gold rising nearly 0.2%.

The market is optimistic about the economic prospects after Trump's formal inauguration, especially in the US stock and cryptocurrency markets. Investors are currently focused on the upcoming Bank of Japan meeting, with the market generally expecting a rate hike to be a foregone conclusion, which could have a certain impact on the trend of US Treasuries and US stocks, and the transmission of sentiment will also affect the cryptocurrency market. eeee.com is a financial trading platform that supports cryptocurrencies, stock indices, bulk gold, foreign exchange and other assets, and has recently launched a USDT stablecoin wealth management product with an annualized yield of 5.5%, providing investors with a potential hedging option. 4E reminds you to pay attention to market volatility risks and allocate assets reasonably.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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