Donald Trump's victory in the U.S. election has led to a shift in sentiment towards cryptocurrencies, with institutional investors showing a desire to acquire more bitcoin. The report highlights bitcoin ETFs as a key driver for institutional adoption. Crypto companies have also made significant donations to federal campaigns, reflecting the industry's growing power and role in politics. Trump's embrace of the crypto industry has led to a surge in bitcoin's price post-election. The report also discusses the dominance of bitcoin in the crypto market and the potential drivers of cryptocurrency markets in Q4 2024. Overall, the report suggests positive political events are influencing market emotion and driving growth in cryptocurrencies.



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