ChainCatcher news, according to Jinshi reports, strategists believe that the speculative frenzy sweeping Bitcoin and crypto-related stocks in 2024 is unlikely to fade in the new year. Steve Sosnick, Chief Strategist at Interactive Brokers, stated, "2024 is a year of speculation, and in recent weeks it has evolved into a self-fulfilling frenzy. Although these trades sometimes encounter trouble, the latest being after the Federal Reserve's December meeting, investors have remained willing to buy on dips.Sosnick said, "When something has been used by many people for a long time, they are reluctant to give it up." And these trades have indeed been effective. Following expectations that Trump's election would create a friendly regulatory environment for cryptocurrencies, Bitcoin reached an all-time high of over $100,000 in December. Crypto-related stocks have also been on the rise, with software company and Bitcoin hoarder MicroStrategy leading the way, up more than 400% this year.

ChainCatcher news, according to Bloomberg, recent investor enthusiasm for the cryptocurrency industry under the leadership of elected President Trump has sparked a wave of speculation, with a series of small cryptocurrencies outperforming Bitcoin, among which Dogecoin (DOGE) has risen by about 50% in the past five days.Additionally, ADA has increased by over 60% during this period, driven by discussions from Cardano founder Charles Hoskinson about plans to collaborate with Washington lawmakers on a podcast. Meanwhile, Polygon (POL), Cosmos (ATOM), Solana (SOL), and Algorand (ALGO) have all surpassed Bitcoin's approximately 7% increase over the past five days.BTC Markets Pty CEO Caroline Bowler stated, "A rising tide lifts all boats; Bitcoin's rapid increase has affected altcoins. The entire cryptocurrency industry is expected to be a net beneficiary of the Trump administration."