Rambod Hakhamaneshi
United States
Here's a quick update for my eToro followers: News outlets like Bloomberg, Reuters, and CNBC reported that Monday’s gains in both stock and crypto markets were partly due to speculation that former President Trump’s chances of winning the presidency may have increased after an attempt on his life over the weekend. Trump is still set to speak at the Bitcoin 2024 conference in later this month and has chosen crypto-friendly Ohio Senator J.D. Vance as his running mate. Other factors contributing to the market upswing include the anticipated arrival of spot $ETH ether ETFs, growing optimism about U.S. interest rate cuts, and the expansion of the $BTC mining industry.
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