Donald Trump's victory in the U.S. presidential election has stimulated the cryptocurrency market. Major cryptocurrencies are showing significant growth, and experts are making optimistic forecasts for the future.
Bull Market and Bitcoin Growth
In November, following Donald Trump's victory, the cryptocurrency market entered a long-awaited bull market. Bitcoin reached new all-time highs, and Trump's appointment of crypto-friendly figures to his cabinet added to the optimism. Experts like Arthur Hayes predict Bitcoin could reach $250,000 by the end of next year.
Altcoins' Rise and New Opportunities
Altcoins are experiencing explosive growth after a prolonged period of stagnation. In November, over 180 of the top 200 cryptocurrencies by market cap showed increases, with more than 60 rising by at least 50%. This high-performing market offers investors new opportunities for growth.
Prospects and Investor Choices
Bitcoin is increasingly being recognized in traditional markets as a long-term store of value. Many investors, including high-net-worth individuals, view it as a hedge against inflation. Meanwhile, quality altcoins offer higher short-term returns. Investors must decide whether to focus on Bitcoin's stability or altcoins' potential returns.
The cryptocurrency market is undergoing significant changes, and investors need to strategically approach asset selection to achieve their financial goals. The future will reveal how justified the growth forecasts for cryptocurrencies are.
