Trump’s inauguration may trigger sell-off: Arthur Hayes forecasts a MAJOR crypto sell-off coinciding with Donald Trump’s inauguration on January 20, 2025. He warns that investor expectations of quick policy changes may lead to disappointment and market instability during this period.
Political hurdles could delay reforms: Hayes highlights a narrow Republican majority and upcoming midterm elections as barriers to swift policy implementation. This political landscape could complicate reforms and action on pressing economic issues, impacting investor sentiment significantly.
Chinese capital flows affect crypto markets: Chinese capital flight and the monetary policy of the PEOPLE’s Bank of China are critical factors for the cryptocurrency market. As affluent Chinese seek offshore investment avenues, Krakow developments in Hong Kong could sway market conditions positively.