Episode Details

Trump's Win, Portfolio Positioning, and Crypto's Return to the US | Roundup
11/8/2024
Empire β†—

Key Insights

Bullish:

  • 🟒 $BTC - Bitcoin price surged following Trump's projected win, indicating positive sentiment for crypto under a potential Trump administration.
    • β€œBitcoin shot up 7% overnight. It was actually interesting. It wasn't even overnight. It was when the market started to realize that Trump was gonna win” - Santiago (5:56)
    • β€œTake something like the Bitcoin Reserve. So as a reminder, the Bitcoin Reserve was, introduced by senator Lummis back in June, I think. And, basically, what the Bitcoin Reserve means is you would use existing funds at the fed and the treasury to purchase 1,000,000 Bitcoin, which would make the US the largest nation state holder of Bitcoin.” - Jason (47:50)
  • 🟒 $SOL - πŸ”’
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  • 🟒 $COIN - πŸ”’
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  • 🟒 $CRYPTO - πŸ”’
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  • 🟒 $CRYPTOVC - πŸ”’
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  • 🟒 $INFRA - πŸ”’
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