US elections effect in display

On January 20, 2025, bitcoin (BTC) reached a new all-time high, surpassing $109,000, and this milestone coincided with Donald Trump’s inauguration for his second term as U.S. President. 

Historical trends show that BTC has performed exceptionally well in the 12 months following the past three U.S. elections. If history repeats, this could signal another bullish phase. With Trump’s pro-BTC stance and a U.S. Congress aligned on favorable digital regulation, the outlook for the coming months appears highly promising.

 

^{Source: Hashdex Research with data from Messari (from November 6, 2012 to January 19, 2025).}

 

Market Highlights | Jan 13 2025 - Jan 19 2025

 

Bitcoin-backed loans enabled on Coinbase’s L2

• Now customers can borrow USDC in the new base’s lending protocol by using bitcoin as collateral.

• This underscores the importance of onchain innovations as the pillar for future adoption of blockchain technology, in this case enhancing personal finance to be more decentralized and intuitive.

 

ETF filings reiterate bullish regulatory tailwinds

• As Donald Trump’s inauguration approaches, several asset managers have filed applications for new crypto ETF products, including those focused on assets like LTC and XRP.

• This reflects optimism for 2025’s crypto regulations and their potential to transform the regulated products landscape.

 

Trump to make crypto top priority in US agenda

• U.S. President-elect Donald Trump allegedly plans to issue an executive order making crypto a national policy priority and establishing an advisory council.

• The announcement signals that crypto has gained political importance. Even if not all promises are met, crypto has already crossed the chasm.

 

^{https://www.coinbase.com/pt-br/blog/now-get-a-USDC-loan-without-selling-your-bitcoin(Accessed January 16, 2025).}

^{https://www.theblock.co/post/335596/wave-of-etf-filings-proposes-litecoin-etf-xrp (Accessed January 19, 2025).}

^{https://www.theblock.co/post/335321/trump-to-make-crypto-a-national-priority (Accessed January 16, 2025).}