This news content discusses the optimism within the crypto community following Donald Trump's victory in the 2024 U.S. Presidential election. The article highlights Trump's support for the crypto industry and his involvement in various crypto initiatives. A crypto influencer named Eugene Ng Ah Sio predicts that Trump's pro-crypto stance and the growth of Ethereum's Layer 2 networks could push ETH to a new all-time high in early 2025. The article also mentions that following Trump's victory, several major cryptocurrencies experienced a bull run, with BTC reaching a new all-time high and ETH surpassing the $4k mark. Eugene believes that ETH will benefit the most in Q1 2025, based on technicals, L2 growth, and the "Trump effect." The article also mentions the potential growth of Base, the Ethereum layer 2 chain affiliated with Coinbase, and how it could contribute to the positive flow and demand for ETH. It concludes with a disclaimer stating that the information provided is for informational purposes only and readers should exercise caution.



Other News from Today