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According to market sources, Trump completed his first day of executive order signing in the Oval Office, but did not mention bitcoin or strategic reserves.
On November 4th, according to Cointelegraph, JP Morgan estimates that Trump has a 60% to 70% chance of winning the US election, and predicts that the dollar will rise by 5% if the Republicans "win big" (Red Sweep); and if the two parties in the US Congress split, the dollar will rise by 1.5% to 2%.
JPMorgan economist Michael Feroli said that if Trump wins the US election in November, the financial marekt could become the main resistance to his control of the Federal Reserve. While Trump can apply pressure by replacing Federal Reserve Chairperson Jerome Powell, the move could provoke a strong market reaction, driving up the cost of borrowing Treasury bonds and threatening the status of the dollar as a reserve currency. Feroli pointed out that market opposition could limit Trump's interventi...
According to a New York Times and Siena College poll, Trump has a 6-point lead over Biden among potential voters, which will put even more pressure on Biden. It is reported that the New York Times/Siena College poll is one of the most closely watched polls in American politics. The poll, released on Wednesday, put Mr. Trump at 49 percent and Mr. Biden at 43 percent, and suggested that concerns about Mr. Biden's age were the main reason for the turnaround. Nearly three-quarters of voters, or abou...
