Episode Details
Title | Trump's Win, Portfolio Positioning, and Crypto's Return to the US | Roundup |
---|---|
Date | 11/8/2024 |
Podcast | Empire β |
Key Insights
Bullish:
- π’ $BTC - Bitcoin price surged following Trump's projected win, indicating positive sentiment for crypto under a potential Trump administration.
- βBitcoin 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 winβ - Santiago (5:56)
- βTake 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.β - Jason (47:50)
- π’ $SOL - π
- π’ $COIN - π
- π’ $CRYPTO - π
- π’ $CRYPTOVC - π
- π’ $INFRA - π