BiyaPay analyst: Trump's son is shorting the US stock market, and the US plans to ban presidential family members from participating in encryption asset projects.
According to Deep Tide TechFlow news, on November 5, Trump's son purchased $10.9 million in put options, targeting a price of $570, aiming to bet against the Nasdaq 100 index. Meanwhile, the U.S. Congress has proposed a new bill that plans to prohibit public officials from participating in crypto assets projects through their positions, especially the President and his family. This move could exacerbate market uncertainty, particularly in the Crypto Assets and tech stock sectors. BiyaPay analysts indicate that this will affect market confidence and may trigger changes in capital flows.
BiyaPay supports USDT trading for US stocks, Hong Kong stocks, and futures, and offers zero-fee digital currency spot contract trading, helping investors flexibly allocate multiple assets and seize structural opportunities in a volatile market.
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BiyaPay analyst: Trump's son is shorting the US stock market, and the US plans to ban presidential family members from participating in encryption asset projects.
According to Deep Tide TechFlow news, on November 5, Trump's son purchased $10.9 million in put options, targeting a price of $570, aiming to bet against the Nasdaq 100 index. Meanwhile, the U.S. Congress has proposed a new bill that plans to prohibit public officials from participating in crypto assets projects through their positions, especially the President and his family. This move could exacerbate market uncertainty, particularly in the Crypto Assets and tech stock sectors. BiyaPay analysts indicate that this will affect market confidence and may trigger changes in capital flows.
BiyaPay supports USDT trading for US stocks, Hong Kong stocks, and futures, and offers zero-fee digital currency spot contract trading, helping investors flexibly allocate multiple assets and seize structural opportunities in a volatile market.