The market seems unable to grasp its direction, with DJI, the social networking site created by Trump, soaring while Bitcoin has fallen.
DJT once managed to break the crash of last week and make a sharp rise and reverse its course just one day before the presidential election.
On the stock market, DJT recorded a 12.37% surge from the previous trading day to $34.34 (approximately 5,233 yen). Prior to this, DJT had plummeted 13.53% over the weekend (1st), dropping for three consecutive days.
The index continued to fall by double digits. This is believed to be due to the Democratic candidate Kamala Hari Su's recent surge. However, on this day, the index broke the downward trend and managed to reverse the upward trend.
Republican candidate Donald Trump has made a big advance in the recent election, but this is analyzed as being due to the fact that he has a greater chance of winning.
DJT fell sharply last week, but has been rallying daily, soaring nearly 100% since the start of the year.
In comparison, Bitcoin has fallen. Bitcoin is also a typical Trump trade. Trump has publicly proclaimed that he will make the United States the Bitcoin capital.
As of 1:30 p.m. on the 5th, Bitcoin was down 1.22% from 24 hours ago on CoinMarketCap, a global coin market relay site.
On that day, Bitcoin temporarily fell by more than 2% to $66,803 (approximately 10.18 million yen), and the price of $67,000 was recorded.
Last week, Bitcoin rose above $73,000 (approximately 11.12 million yen) and approached its all-time high as it became known that Trump's election was highly likely.
However, it has reversed its decline ahead of the presidential election. Meanwhile, the dollar has barely changed. The dollar index, which calculates the value of the dollar against six major currencies, was down 0.3 on the previous day.
The market is also in a state of confusion, unable to determine its direction.
2024/11/05 14:54 KST
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