K33: It is recommended to hold onto the cryptocurrency in May and wait, as Trump's policies may become a catalyst for the summer cryptocurrency market

2025-05-07 11:38

Odaily Planet Daily News: Analysis firm K33 Research stated that the cryptocurrency market in the summer of 2025 may be different from previous years, mainly influenced by multiple policies promoted by former US President Trump. Trump has previously signed an executive order to establish strategic Bitcoin reserves and digital asset reserves, aimed at positioning the United States as a global leader in cryptocurrency. The strategic reserve is mainly composed of Bitcoin confiscated by the Ministry of Finance, which is expected not to be sold but held as a national reserve asset for the long term. Although the initial market response was lackluster, with Bitcoin prices remaining between $77000 and $87000 for most of April, analysts believe that this policy may drive institutional investors to participate in the long term, creating a "flywheel effect" and accelerating industry growth. In a report released on Tuesday, Vetle Lunde, head of research at K33, and David Zimmerman, senior analyst, pointed out that "there is almost no completely satisfactory explanation for the seasonal returns we observe, but holiday effects and tax deadlines may be a key factor affecting performance. In addition, catalysts in the summer are usually less than at other times of the year. Currently, Trump's actions are affecting the overall market trend; his actions are impacting risk tolerance and distorting future expectations. In the future, cryptocurrencies will face multiple positive factors driven by Trump, and the stock market may once again face tariff impacts - all of which will lay the foundation for Bitcoin's relative strength in the coming months." (The Block)

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