Headline Risk, Relenting DXY, and Improving Flows Suggest More Upside for Crypto
Jan 23, 2025
• 7
Min Read
Author
AERO
2.95%
AI
-1.78%
BONK
-0.16%
BTC
-0.60%
DOGE
-1.12%
ETH
-1.75%
HNT
0.08%
JTO
-1.60%
MELANIA
5.86%
RAY
-6.65%
SOL
-2.50%
TRUMP
4.93%
USDC
0.01%
VIRTUAL
-7.53%
XRP
0.52%
BITF
0%
BITW
BTBT
-5.64%
CIFR
-1.88%
CLSK
-1.99%
COIN
-2.26%
CORZ
+3.29%
HIVE
-1.33%
HOOD
+3.13%
HUT
-1.89%
IREN
+3.56%
MARA
-0.44%
MSTR
-1.78%
RIOT
-7.51%
SMLR
-3.67%
WGMI
-1%
WULF
+2.87%
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.