ChainCatcher news, when elected President Trump attributed the rise in the stock market and the recent historic highs of Bitcoin to himself during his last speech before the inauguration."You have seen results that no one expected," Trump said at the rally, calling it the "Trump effect," "Since the election, the stock market has risen significantly, small business optimism has surged a record 41 points, reaching the highest level in 39 years. Bitcoin has broken one historic high after another."The stock market continued to rise over the past year, peaking in early December shortly after the election. The S&P 500 index reached a peak of 6,090 points on December 11, while the Nasdaq index hit a high of 20,204 points on December 16.

ChainCatcher news, according to Cointelegraph, Ripple CEO Brad Garlinghouse revealed that 75% of Ripple Labs' job vacancies are currently in the United States, and the company has secured more deals and partnerships in the U.S. after the November 2024 elections than in the previous six months.Garlinghouse attributes these changes to the incoming Trump administration and Trump's pro-cryptocurrency rhetoric. In a post on X on January 5, Garlinghouse wrote: "The Trump team has been driving innovation and job growth in the U.S. under the leadership of Scott Bessent, David Sacks, Paul Atkins, and others— they haven't even taken office yet, but say what you will, the 'Trump effect' has made cryptocurrency great again."

ChainCatcher News, U.S. House Speaker Johnson stated that the "Trump effect" has already emerged. SoftBank will invest $100 billion over the next four years to create 100,000 new jobs in the U.S., marking another positive signal. Looking forward to Trump's second term and the upcoming good news. (Jin Ten)

ChainCatcher news, according to Jin10, Deutsche Bank's head of currency research George Saravelos stated that the market previously believed that the impact of Trump's election as president was somewhat priced in before he took office, but in fact, the market's pricing of the Trump effect has not been excessive at all.He explained: "In our model, the dollar's safe-haven premium is only 3%, while during the first trade war it was as high as 10%. The bottom line is that the market's pricing of the Trump effect has not been excessive at all."

ChainCatcher news, Bloomberg senior ETF analyst Eric Balchunas posted on social media, "Bitcoin ETF saw a net inflow of $1.4 billion yesterday, setting a new historical high (influenced by the 'Trump effect').Among them, IBIT had an inflow of $1.1 billion in a single day. The total inflow over the past month reached $6.7 billion, and year-to-date inflows have reached $25.5 billion. Approximately 18,000 bitcoins were bought in a single day (compared to 450 bitcoins mined that day), and the total holdings of U.S. Bitcoin spot ETFs have now reached over 93% of the 1.1 million bitcoins held by Satoshi Nakamoto."