Headline Risk, Relenting DXY, and Improving Flows Suggest More Upside for Crypto
Jan 23, 2025
• 7
Min Read
Author
AERO
-3.62%
AI
-1.78%
BONK
-0.32%
BTC
0.79%
DOGE
-0.24%
ETH
0.12%
HNT
-6.69%
JTO
2.36%
MELANIA
5.86%
RAY
-1.14%
SOL
-0.14%
TRUMP
4.93%
USDC
-0.02%
VIRTUAL
-9.03%
XRP
1.84%
BITF
-2.22%
BITW
BTBT
+2.54%
CIFR
-1.42%
CLSK
-0.17%
COIN
+4.28%
CORZ
+4.15%
HIVE
-2.64%
HOOD
+6.32%
HUT
+4.3%
IREN
+3.83%
MARA
+2.7%
MSTR
+5.92%
RIOT
-5.97%
SMLR
+7.5%
WGMI
+1.16%
WULF
+4.33%
Recent developments since the inauguration suggest that the new administration is prioritizing an industry-friendly regulatory environment. We believe there is still significant upside headline risk in the early days of Trump's term. Coupled with an easing DXY/yields, as well as substantial inflows into the crypto ecosystem, we think it’s prudent to maintain a long bias.