Experts in the cryptocurrency industry do not anticipate significant price movements for major cryptocurrencies during Donald Trump's inauguration. Many believe that the market has already priced in the event and that the inauguration is mainly ceremonial and not market-moving. Some suggest that there could be a "sell-the-news" day for major tokens, with short-term traders locking in gains. However, the market could change once Trump and his administration begin implementing policies. There is speculation that a loosening of financial conditions under the new administration could provide a tailwind for crypto prices. Analysts believe that as the regulatory environment becomes clearer and the market receives tangible updates from the Trump administration, there will likely be a general uplift in prices. However, some warn that Trump's other economic policies, such as potential trade wars and tariffs, could negatively impact the cryptocurrency market. Smaller cap tokens and politically themed meme coins may experience greater volatility during the inauguration.
Content Editor ( decrypt.co )
- 2025-01-18
Donald Trump Inauguration Will Bring ‘Noise’ to 2025 Crypto Market: Analysts
