An interesting observation has emerged in the cryptocurrency community regarding the relationship between US presidential inaugurations and the dynamics of altcoins. The analysis of the last three presidential cycles shows a clear pattern: after each inauguration, there is a significant increase in the value of alternative cryptocurrencies, which often reach new historical highs due to the inflow of large liquidity.
2024 could see this trend continue, especially given the inauguration of a new president scheduled for January 20. This potential growth is supported by a number of additional positive factors:
- Possible change in SEC leadership, which could lead to a more favorable regulatory environment for cryptocurrencies
- The growing trend of public investment in cryptocurrencies is confirmed by Bhutan's recent decision to include Bitcoin, Ethereum and BNB in its strategic reserves
- Start of payment of billions of dollars in compensation in the FTX case
- The approach of Bitcoin halving, which historically affects market dynamics
- Record success of Bitcoin ETF in the first year of its existence
This combination of factors, together with the cyclical nature of markets, creates potentially favorable conditions for a new stage of growth in the cryptocurrency market.
