CandleFocus If you invested $1,000 in Bitcoin when Trump won the election, you’d now have this much
2024-11-28
Author: Content Editor
The election of Donald Trump as President had a significant impact on the markets, with his proposed economic policies causing concern. However, Trump's support for cryptocurrency has contributed to a bull run in the market, particularly for Bitcoin. If an investor had put $1,000 into Bitcoin on November 5, the day of the election, it would now be worth $1,398, representing a 40.22% increase. BTC's performance over the past six months has seen a return of over 40%, while investing at the beginning of the year would have resulted in gains of 125%. Despite recent hurdles, it is suggested that dollar-cost-averaging purchases of Bitcoin are likely to outperform attempts to time the market.
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