Phyrex|Nov 05, 2026 18:56
The biggest advantage of the midterm elections is that they have significantly reduced the uncertainty surrounding Trump. Of course, two years from now, we can completely say goodbye to Trump-style uncertainty. If the market welcomed Trump as much as it will in 2024, it will dislike him as much now. Many people attribute today's market movement to Democratic opposition to AI, but this isn't true. In fact, some Democrats even support the US's vigorous development of AI.
In reality, the government's role in AI development isn't very significant. Whether the US Congress approves or not, AI has already become a major pillar industry, even involving international competition. Under these circumstances, how could the US possibly cut off its own arm and abandon AI development? Such thinking is either irrational or simply wishful thinking.
However, stricter review of certain models and bans on data centers in some areas to prevent disturbances are indeed possible, but these so-called restrictions and opposition to AI are completely unrelated.
Today, Bitcoin and Bitcoin are both at high levels. The price of $78,250 is likely to be reached tomorrow, but that's not a big problem. I can continue to hold at this price, and I can also place sell orders at higher prices. Judging from the current trend, bitcoin:native is quite stable.
A @Gate account for more market information.
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