Headline Risk, Relenting DXY, and Improving Flows Suggest More Upside for Crypto
Jan 23, 2025
• 7
Min Read
Author
AERO
9.16%
AI
-1.78%
BONK
-3.91%
BTC
-5.02%
DOGE
-3.62%
ETH
-6.57%
HNT
-7.27%
JTO
-5.02%
MELANIA
5.86%
RAY
-7.64%
SOL
-5.11%
TRUMP
4.93%
USDC
-0.01%
VIRTUAL
-3.89%
XRP
-5.19%
BITF
+0.54%
BITW
-4.25%
BTBT
-1.55%
CIFR
+0.51%
CLSK
+1.99%
COIN
-5.7%
CORZ
-2.41%
HIVE
-0%
HOOD
-3.94%
HUT
+1.26%
IREN
-0.08%
MARA
-1.04%
MSTR
-6.21%
RIOT
+0.39%
SMLR
WGMI
+0.45%
WULF
+7.05%
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.