US President-elect Donald Trump will officially take office on January 20, 2025, and market research shows that cryptocurrency prices may see a correction after that. According to Bloomberg and Macrobond Financial, the US Presidential Election year market usually performs strongly after the election and cools after the presidential inauguration.
Goldman Sachs said it expects the Fed to implement 25 basis points of rate cuts at each meeting from November 2024 to June 2025, after previously forecasting quarterly rate cuts in 2025.