Trending
Indices
US
Crypto
Forex
Commodities
Futures
More
SYMBOL
LAST
NET CHG.
%CHG.
HIGH
LOW
5929.04
+146.28
+ 2.53%
5936.14
5864.89
18983.46
+544.28
+ 2.95%
19000.50
18730.21
43729.92
+1508.03
+ 3.57%
43778.78
42850.40
104.740
-0.280
-0.27%
105.140
104.580
1.07501
+0.00219
+ 0.20%
1.07712
1.07122
1.29131
+0.00347
+ 0.27%
1.29467
1.28686
2663.09
+4.40
+ 0.17%
2667.54
2643.27
70.999
-0.529
-0.74%
71.964
70.869
All
Recommend
US Election
Stocks
Cryptocurrencies
Central Banks
Featured News
More
Top News Only
Share

【JPMorgan: Bitcoin to Benefit from Trump's Presidency and MicroStrategy's Buy-the-Dip Strategy】 November 7th, as Trump wins the U.S. presidential election, JPMorgan analysts expect both gold and bitcoin to perform well, emphasizing "Currency Debasement Trade.""Currency Debasement Trade" refers to an investment strategy that benefits from currency devaluation or weakness, usually due to inflation or expansionary fiscal policy. In this trade, investors purchase assets such as gold and bitcoin, which are seen as stores of value that can maintain their worth even as the purchasing power of currency declines.JPMorgan's analyst team wrote in a report on Wednesday, "Due to tariffs, geopolitical tensions, and expansionary fiscal policy ('debt debasement'), 'Currency Debasement Trade' may be reinforced." The team is led by Managing Director Nikolaos Panigirtzoglou. "We do not view the initial negative market reaction of gold post Trump's victory as refuting the 'Currency Debasement Trade.' After all, Bitcoin, as another component of 'Currency Debasement Trade,' has risen post Trump's victory."When asked if JPMorgan has a price target for Bitcoin in 2025, Panigirtzoglou stated, "We are positive about Bitcoin in 2025," but declined to provide a specific price target.The analysts noted that retail investors are also supporting gold and bitcoin, with investments in gold and bitcoin ETFs increasing since last summer. They added that this trend is expected to continue until 2025, with Trump's policies potentially supporting both assets.The analysts mentioned that, apart from Trump's policies, Bitcoin may also receive further impetus from MicroStrategy. MicroStrategy announced an aggressive Bitcoin acquisition plan through its "21/21 plan." This plan involves raising $42 billion over the next three years, with half ($21 billion) coming from equity and the other half ($21 billion) from debt securities. "In 2025 alone, MicroStrategy will invest $10 billion in Bitcoin, roughly equal to the total amount they have purchased since mid-2020." the analysts said. (The Block)

TIME
ACT
FCST
PREV
U.S. EIA Weekly Crude Oil Imports Changes

A:--

F: --

P: --

U.S. EIA Weekly Heating Oil Stock Changes

A:--

F: --

P: --

U.S. EIA Weekly Gasoline Stocks

A:--

F: --

P: --

U.S. EIA Weekly Cushing, Oklahoma Crude Oil Stocks

A:--

F: --

P: --

U.S. EIA Weekly Crude Demand Projected by Production

A:--

F: --

P: --

U.S. 30-Year Bond Auction Avg. Yield

A:--

F: --

P: --

Brazil Selic Interest Rate

A:--

F: --

P: --

RBA Gov Bullock Speaks
Japan Wages MoM (Sept)

A:--

F: --

P: --

Australia Trade Balance (SA) (Sept)

A:--

F: --

P: --
Australia Exports MoM (SA) (Sept)

A:--

F: --

P: --
China, Mainland Exports YoY (CNH) (Oct)

A:--

F: --

P: --

China, Mainland Imports YoY (CNH) (Oct)

A:--

F: --

P: --

China, Mainland Exports YoY (USD) (Oct)

A:--

F: --

P: --

China, Mainland Imports YoY (USD) (Oct)

A:--

F: --

P: --

China, Mainland Trade Balance (CNH) (Oct)

A:--

F: --

P: --

China, Mainland Exports (Oct)

A:--

F: --

P: --

China, Mainland Imports (CNH) (Oct)

A:--

F: --

P: --

China, Mainland Trade Balance (USD) (Oct)

A:--

F: --

P: --

Japan 10-Year Note Auction Yield

A:--

F: --

P: --

Germany Exports MoM (SA) (Sept)

A:--

F: --

P: --
Germany Industrial Output MoM (SA) (Sept)

A:--

F: --

P: --
U.K. Halifax House Price Index YoY (SA) (Oct)

A:--

F: --

P: --
U.K. Halifax House Price Index MoM (SA) (Oct)

A:--

F: --

P: --

ECB Chief Economist Lane Speaks
China, Mainland Foreign Exchange Reserves (Oct)

A:--

F: --

P: --

Euro Zone IHS Markit Construction PMI (Oct)

A:--

F: --

P: --

Italy IHS Markit Construction PMI (Oct)

A:--

F: --

P: --

Germany IHS Markit Construction PMI (SA) (Oct)

A:--

F: --

P: --

France 10-Year OAT Auction Avg. Yield

A:--

F: --

P: --

Euro Zone Retail Sales MoM (Sept)

A:--

F: --

P: --
Euro Zone Retail Sales YoY (Sept)

A:--

F: --

P: --
Canada Leading Index MoM (Oct)

--

F: --

P: --

Mexico PPI YoY (Oct)

--

F: --

P: --

Mexico Core CPI YoY (Oct)

--

F: --

P: --

Mexico 12-Month Inflation (CPI) (Oct)

--

F: --

P: --

U.K. BOE MPC Vote Hike (Nov)

--

F: --

P: --

U.K. BOE MPC Vote Unchanged (Nov)

--

F: --

P: --

U.K. BOE MPC Vote Cut (Nov)

--

F: --

P: --

Mexico CPI YoY (Oct)

--

F: --

P: --

U.K. Benchmark Interest Rate

--

F: --

P: --

BOE Monetary Policy Report
Monetary Policy Summary
BOE Gov Bailey Speaks
U.S. Weekly Initial Jobless Claims (SA)

--

F: --

P: --

U.S. Weekly Continued Jobless Claims (SA)

--

F: --

P: --

U.S. Initial Jobless Claims 4-Week Avg. (SA)

--

F: --

P: --

U.S. Unit Labor Cost Prelim (SA) (Q3)

--

F: --

P: --

ECB Chief Economist Lane Speaks
U.S. Wholesale Sales MoM (SA) (Sept)

--

F: --

P: --

U.S. EIA Weekly Natural Gas Stocks

--

F: --

P: --

China, Mainland M1 Money Supply YoY (Oct)

--

F: --

P: --

China, Mainland M0 Money Supply YoY (Oct)

--

F: --

P: --

China, Mainland M2 Money Supply YoY (Oct)

--

F: --

P: --

U.S. Target Federal Funds Rate Lower Limit (Overnight Reverse Repo Rate)

--

F: --

P: --

U.S. Target Federal Funds Rate Upper Limit (Excess Reserves Ratio)

--

F: --

P: --

U.S. Federal Funds Rate Target

--

F: --

P: --

U.S. Interest Rate On Reserve Balances

--

F: --

P: --

FOMC Economic Projections
FOMC Press Conference
  • All
  • Chatrooms
  • Groups
  • Friends
Connecting
.
.
.
Trending
Indices
US
  • US
  • VN
Crypto
Forex
Commodities
Futures
All
Recommend
US Election
Stocks
Cryptocurrencies
Central Banks
Featured News
  • All
  • Israel-Palestine Conflict
  • Russia-Ukraine Conflict
  • US
  • VN
  • All
  • Israel-Palestine Conflict
  • Russia-Ukraine Conflict
News

Events

Awards
Fans Party
IB Seminar
More

Scan to Download

Faster Charts, Chat Faster!

Download App
English
  • English
  • Español
  • العربية
  • Bahasa Indonesia
  • Bahasa Melayu
  • Tiếng Việt
  • ภาษาไทย
  • Français
  • Italiano
  • Türkçe
  • Русский язык
  • 简中
  • 繁中
Events

Awards
Fans Party
IB Seminar
More

[A Whale Spent About $1.065 Million To Purchase 10.16 Million NEIRO] According To The Data Nerd's Monitoring, As The Market Recovered, A New Whale Address 0xB71 Withdrew ETH From Binance And Purchased A Total Of 10.16 Million NEIRO ETH At An Average Price Of $0.105, Spending About $1.065 Million

Quick access to 24/7

Quick access to more editor-selected real-time news

Exclusive video for free

FastBull VIPject team is dedicated to create exclusive videos

Follow More Symbols

You can add more symbols to your watchlist.

More comprehensive macro data and economic indicators

More comprehensive historical data on indicators to help analyze macro markets

Member-only Database

Comprehensive forex, commodity, and equity market data