Grayscale Bitcoin Mini Trust (BTC)

Cryptocurrencies are expected to perform well regardless of the outcome of the US presidential election, as both candidates have signaled support for the crypto industry. Bitcoin and altcoins like Aptos, Chainlink, and Shiba Inu have seen notable price increases recently.

Related tickers: BTC, GLNK, BCHG.

Cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, saw a significant rally on Tuesday, driven by factors such as potential regulatory changes, rate cuts, and inflation hedging. However, the author cautions that the current surge is based on short-term speculation and that valuations for growth stocks, which are correlated with crypto, have reached high levels, potentially leading to a future fall.

Related tickers: BTC, ETHV.