Crypto Assets Market Dynamics and Future Outlook

As of October 27, the discussion intensity and price changes of major Crypto Assets are as follows:

The discussion volume for Bitcoin last week was 12.74K times, a decrease of 12.59% compared to the previous period; the price was reported at 68,532 dollars, an increase of 2.13% compared to the previous period.

The discussion volume on Ethereum last week was 3.96K times, an increase of 9.21% month-on-month; the price was reported at 2520 USD, with a month-on-month increase of 1.69%.

The discussion volume for TON last week was 906 times, a decrease of 15.43% compared to the previous period; the price reported was $4.99, an increase of 0.83% compared to the previous period.

As the 2024 US elections approach, investors are increasingly focused on the trends in the Crypto Assets market. Bitcoin has broken through the $69,000 mark, and bullish sentiment is rising in the market. With Trump's favorable election prospects, the potentially beneficial policies have filled the Crypto industry with anticipation, attracting more Wall Street funds into the market. Against this backdrop, more and more individual investors are starting to leverage smart trading tools to seize investment opportunities.

US Elections and Crypto Assets Market

With only two weeks left until the election, Trump's approval rating is leading. A certain forecasting platform shows that the probability of Trump winning the election is as high as 64.5%, leading his opponent by nearly 30 percentage points. Trump's campaign team has proposed to strengthen America’s leadership in global Crypto Assets regulation, which brings positive news to the market. If he is elected again, it may bring more policy support and development space for the Crypto Assets industry.

Recently, several major Wall Street firms have started to position themselves for the "Trump trade," including shorting long-term government bonds, going long on Crypto Assets, and engaging in high-risk stock operations. Popular assets related to Trump include:

• MEME coins: FIGHT, TRUMP, STRUMP and other Trump concept coins
• NFT Series: Multiple series including Trump Digital Trading Cards
• World Liberty Financial(WLFI): A crypto assets project initiated by the Trump family

Bitcoin price breaks through 69000 USD

Bitcoin has recently rebounded strongly, breaking through the 69,000 USD mark, and market expectations for a new bull market are rising. The main reasons include:

1. Market confidence is recovering, and Bitcoin's safe-haven attributes are favored.
2. The approval of the ETF has brought a large influx of institutional funds.
3. The expectation of the Federal Reserve lowering interest rates boosts investment enthusiasm
4. The reduction in Bitcoin supply supports price increase.

Analysis generally suggests that the Bitcoin spot ETF in 2024 will be a key factor driving the market. Data shows that approximately $70 billion in new funds is expected to flow into the market through the ETF. At the same time, expectations of a potential interest rate cut by the Federal Reserve may also drive up coin prices. Some forecasts predict that the price of Bitcoin could reach $110,000 by the end of 2024.

AI Trading Tools Empower Investment

In the face of the complex and ever-changing market environment of 2024, choosing efficient and reliable investment tools is crucial. AI trading tools play an important role in the following aspects:

• Data Analysis: Quickly analyze vast amounts of market data to predict trends.
• Risk Assessment: Real-time monitoring of risks, optimizing risk management
• Investment Advice: Provide personalized investment advice

Compared to traditional trading, AI trading has advantages such as fast analysis speed, efficient decision-making, superior risk management, quick market response, and strong learning ability.

The main features of AI trading tools include:

1. Market Trend Prediction: Utilize big data to analyze historical and real-time data to predict trends.
2. Smart Automatic Trading: Automatically execute trades based on set strategies.
3. Personalized investment advice: Providing customized strategies based on user preferences.
4. Risk Management: Real-time monitoring of market fluctuations, timely warning.

Looking ahead to 2024, the global political and economic situation and technological innovation will drive rapid changes in the market. With the continuous rise of Crypto Assets and expectations for policy support, market confidence is expected to further strengthen. Investors need to keep updated with timely information, stay on top of cutting-edge developments, and make good use of smart trading tools to seize opportunities in a volatile market and achieve better investment returns.