4E: With Trump taking office, the market is optimistic about the prospects of U.S. stocks and cryptocurrencies
According to news on January 21, Trump was officially inaugurated as the 47th President of the United States. Investors were optimistic about the U.S. economic prospects and bet that Trump would take a series of immediate actions to boost the U.S. economy. This expectation drove U.S. stock futures to rise broadly. . According to 4E monitoring, the U.S. stock market was closed for one day on Monday due to Martin Luther King Jr. Day. The S&P 500 stock index futures finally rose 0.36%, the Dow futures rose 0.38%, and the Nasdaq futures rose 0.41%.
The crypto market has experienced a volatile correction. Bitcoin once exceeded US$109,000 yesterday and hit a record high. However, Trump did not touch on cryptocurrency-related topics in his inauguration speech, which led to profit-taking in the market and the price of Bitcoin fell back to around US$100,000. , currently maintaining a volatile consolidation above $102,000. The TRUMP and MELANIA meme coins that have attracted much attention in the past few days have fallen sharply, while the AI Agent token has rebounded from oversold, and liquidity has returned.
In terms of foreign exchange commodities, the U.S. dollar index fell by more than 1.2%, non-U.S. currencies generally rose by more than 1%, and the Japanese yen was near a one-month high supported by reports that the Bank of Japan may raise interest rates on Friday. Affected by Trump's policy of temporarily not imposing additional tariffs, oil prices fell, with Brent oil falling by nearly 1.7%. Affected by the weakening of the U.S. dollar, gold, silver, copper and other industrial metals rose, with spot gold rising by nearly 0.2%.
The market is optimistic about the economic prospects after Trump officially takes office, especially the US stock and crypto markets. Investors are currently paying attention to the upcoming Bank of Japan meeting. The market generally expects an interest rate hike to be a foregone conclusion. This decision may have a certain impact on the trend of U.S. bonds and U.S. stocks, and the transmission of sentiment will also affect the crypto market. eeee.com is a financial trading platform that supports cryptocurrencies, stock indexes, bulk gold, foreign exchange and other assets. It recently launched a USDT stablecoin financial product with an annualized return of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market fluctuation risks and allocate assets reasonably.