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Recently, the cryptocurrency market has gained attention once again. Trump announced a plan that could significantly impact the cryptocurrency market, as he intends to promote U.S. pension funds to invest in cryptocurrency. This move could open up a retirement market of about $12.5 trillion for private sales and the cryptocurrency industry.
The scale of this number is remarkable. It is worth noting that the current market value of Bitcoin is only $23,000. If this capital truly flows into the encryption market, it could bring tremendous growth potential to the entire industry.
However, the market's reaction to this news was unexpected. While Bitcoin saw a slight increase, Ethereum's gains were even more significant. This phenomenon seems to indicate that current market and institutional investors prefer Ethereum. Some analysts believe this could signal that Ethereum's price is likely to break into five figures.
However, we should also maintain a cautious attitude. Although this news is exciting, pension funds investing in encryption still face many regulatory and risk management challenges. At the same time, the market's short-term reaction does not necessarily reflect long-term trends. Investors need to carefully assess risks and pay attention to industry developments when making decisions.