Bitcoin Set To Gain If Trump Wins, JPMorgan Cites ‘Debasement Trade’ As Key F...
According to JPMorgan analysts, a win for the Republican US presidential candidate Donald Trump could further fuel Bitcoin (BTC) price momentum. Retail Investors Turn To Bitcoin For ‘Debasement Trade’ In a recent client note, analysts at JPMorgan suggested that a Trump win might provide ‘additional upside’ for both BTC and gold, as retail investors increasingly view Bitcoin as a ‘debasement trade.’ Related Reading: Bitcoin Makes ATH Against Euro Due To Change In Dollar Strength, Details Inside In simple terms, a debasement trade is a strategy to protect purchasing power against the steady....
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Former US President Donald Trump has revealed that JPMorgan CEO Jamie Dimon, a well-known skeptic of Bitcoin and cryptocurrencies, has apparently “changed his tune,” with the potential to win the role of Treasury Secretary in the scenario where the former president once again wins the seat in the Oval Office. Trump’s comments come as Treasury […]
JPMorgan has just dropped a bold target for $BTC: $165K. The firm cited gold’s record-setting run and the growing ‘debasement trade’ as tailwinds. At the same time, Uptober is living up to its name, with Bitcoin blasting through $120K despite the U.S. government shutdown, proving just how resilient this market has become. Historically, when Bitcoin asserts dominance like this, it doesn’t take long for capital to rotate into the best altcoins, as that’s often where the larger gains emerge. With momentum building, hot alternatives like Bitcoin Hyper ($HYPER), Best Wallet Token ($BEST), and....
A Reddit user has promised to pay 0.01 BTC to every other user that comments on his post, in the event that Trump wins the presidential election. The post has gone haywire on both the /r/bitcoin and r/The_Donald sub-Reddits. Here’s what Coincle says: “If Trump wins, here's what I'll do… I'll give 0.01 BTC to everyone that comments. Don't worry about bankruptcy, I've been here for more than 5 years. Also, I want Trump to win. I forgot to tell you to comment your address, so please edit your comment and add your receiving address. Thanks! If this goes to the media, i'll be bankrupt. No, this....
Pantera Capital founder and CEO Dan Morehead argues the core driver of this cycle remains the same “one trade” uniting macro and crypto: fiat debasement pushing capital into scarce, higher-beta assets. In a wide-ranging conversation with Real Vision’s Raoul Pal, the pair frame the current rally—and what comes next—through the lens of policy error, structural deficits, sticky inflation, and the slow-rolling migration of institutional and sovereign portfolios into digital assets. The Debasement Trade Powers The Crypto Bull Run Morehead’s starting point is blunt: “We have full employment.....
US President Donald Trump’s son, Eric Trump, has shared some insight into his shift to the crypto industry, the problems with the traditional financial system, and how it was “weaponized” against the Trump family businesses. Related Reading: Solana’s Rally Gains Traction – Why Its Price Could Surge To New ATHs Trump Family Pushed Into Crypto […]