在社交平台X上，埃隆·马斯克把自己的头像改成了一张带有激光眼的图片，人们通常认为这是对比特币支持的象征，而热门的加密账户则在庆祝比特币的迅速上涨。After the US President Biden announced his withdrawal from the reelection campaign, although Bitcoin prices briefly fell, they quickly recovered.
As the market reacted to the news of Biden's withdrawal on Sunday evening local time, the world's largest cryptocurrency recovered from earlier losses and is now hovering around $68,000 in the New York market.
IG Australia Pty's market analyst Tony Sycamore said that Bitcoin's rise reflects the fact that "in the market's eyes, Democrats under Kamala Harris' leadership cannot surpass Trump in the presidential race, and under the leadership of a US president who supports cryptocurrencies, Bitcoin is seeing a new dawn."
On the social platform X, Elon Musk changed his profile picture to an image with laser eyes, which is commonly regarded as a symbol of supporting Bitcoin. Popular crypto accounts are celebrating the rapid rise of Bitcoin.
"We expect the market to become more investable under the leadership of the Trump administration," said Benjamin Celermajer, joint chief investment officer of Magnet Capital. He said he expects tokens with "truly value-driven factors" to perform well, citing tokens related to the Maker, Aave, and Lido protocols as examples.
Trump has clearly shown support for cryptocurrencies in recent months and plans to speak at an important Bitcoin conference in Nashville on July 27.
In contrast, Magnet Capital's Celermajer said, "We know very little about Kamala Harris' position on cryptocurrencies. She has neither shown much support nor opposition to the industry."
Teong Hng, CEO of crypto investment firm Satori Research, said that activity in the off-exchange options market suggests that Bitcoin could soon retest its historical high.
Interest in call options with a strike price of $100,000 in December 2024 continues to rise, indicating that institutional investors are becoming more bullish. He said he "expects a strong rebound by the end of the year after Trump's victory."
Bitcoin has performed relatively strongly in the past week as calls for Biden's withdrawal have increased in frequency and intensity, which is different from the weakness in the stock market.
In addition, "the potential momentum" behind recent inflows into Bitcoin-supported exchange-traded funds (ETFs) suggests that we may see Bitcoin prices once again come close to the $700,000 level," wrote Pepperstone Group research director Chris Weston in a report.
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