Trump takes office, the market is optimistic about the prospects of US stocks and cryptocurrencies

January 21 News, Donald Trump has officially been inaugurated as the 47th President of the United States. Investors are optimistic about the U.S. economic outlook, betting that Trump will take immediate actions to boost the economy. This expectation led to a broad rally in U.S. stock futures.

According to monitoring data, U.S. stock markets were closed on Monday due to Martin Luther King Jr. Day, but the SP 500 futures rose 0.36%, Dow futures gained 0.38%, and Nasdaq futures increased by 0.41%.

The cryptocurrency market experienced a turbulent pullback. Bitcoin briefly surpassed $109,000 yesterday, reaching a historic high. However, since Trump did not address cryptocurrency-related topics in his inauguration speech, profit-taking behavior emerged in the market. Bitcoin’s price retreated to around $100,000 and is currently consolidating above $102,000.

The TRUMP and MELANIA meme coins, which had been in the spotlight in recent days, saw significant declines. Meanwhile, the AI Agent token experienced a sharp rebound, with liquidity returning.

In the foreign exchange and commodity markets, the U.S. dollar index fell more than 1.2%, while non-dollar currencies rose over 1%. The Japanese yen approached a one-month high, supported by reports suggesting that the Bank of Japan may raise interest rates on Friday.

Oil prices declined due to Trump’s policy of not imposing additional tariffs, with Brent crude dropping nearly 1.7%. Meanwhile, gold, silver, and industrial metals such as copper rose, with spot gold gaining nearly 0.2%.

Markets are optimistic about the economic outlook following Trump’s formal inauguration, especially in U.S. stocks and the cryptocurrency market.

Investors are currently focused on the upcoming Bank of Japan meeting, with widespread expectations that an interest rate hike is imminent. This decision could have a certain impact on U.S. Treasury and stock market trends, and the resulting sentiment may also influence the cryptocurrency market.