Bitcoin Surges Past $80,000, Trump Effect Fuels Crypto Craze, Lock-Up Expiration Wave Hits A-Shares

Bitcoin Surges Past $80,000, Trump Effect Fuels Crypto Craze, Lock-Up Expiration Wave Hits A-SharesCrypto Market Roars Back to Life! On November 10, Bitcoin soared to a new all-time high, reaching $80,178 per coin. Ethereum and Dogecoin also hit new highs for the year

Bitcoin Surges Past $80,000, Trump Effect Fuels Crypto Craze, Lock-Up Expiration Wave Hits A-Shares

Crypto Market Roars Back to Life! On November 10, Bitcoin soared to a new all-time high, reaching $80,178 per coin. Ethereum and Dogecoin also hit new highs for the year. The continued surge in cryptocurrencies is closely linked to Trump's recent victory in the US presidential election. Trump has repeatedly expressed his fondness for Bitcoin and cryptocurrencies during his campaign, and plans to support them with policies, aiming to make the US a global leader in Bitcoin and blockchain technology.

Trump Effect Ignites Crypto Market? Trump's victory is interpreted by the market as part of the "Trump trade," further fueling the rise of cryptocurrencies. Geoff Kendrick, global head of digital asset research at Standard Chartered, predicts that Bitcoin will reach $125,000 by the end of this year and $200,000 by the end of 2025. Trump's crypto policies, such as establishing a national strategic Bitcoin reserve and transforming the US into a "Bitcoin superpower," will be key drivers of Bitcoin's rise. Bitwise's Chief Investment Officer also states that we are entering a golden age of cryptocurrencies and a strong bull market will unfold in the coming years.

US's First Bitcoin ETF Nears Approval? In addition, rumors circulate that the US's first Bitcoin exchange-traded fund (ETF) may soon be approved, bringing new sources of capital to the Bitcoin market. While the news remains unconfirmed, it has already sparked anticipation in the market regarding Bitcoin's future price trajectory.

Lock-Up Expiration Wave Approaches, Testing A-Shares! Meanwhile, A-share market is about to face a wave of lock-up expirations. According to Securities Times DataBao, 53 listed companies will see restricted shares unlock next week (November 11-15), with a total lock-up expiration value of 45.765 billion yuan. Among them, China Eastern Airlines, Anlu Technology, Novizan, and Wanxiang Technology have the largest lock-up expirations.

Lock-Up Ratio at the Forefront! Apart from the size of the lock-up expiration, the lock-up ratio is also worth noting. Out of the 53 stocks mentioned above, 15 have lock-up ratios exceeding 10%, with Wanxiang Technology leading at 85.53%. Higher lock-up ratios may pose a greater potential impact on individual stock prices.

Impact of Equity Incentive Lock-Up Expirations Relatively Limited! It is important to note that out of the 53 stocks expiring next week, 26 involve the unlocking of equity incentive shares, either general or restricted. Due to their smaller and dispersed shareholdings, such lock-up expirations will have a relatively limited impact on stock prices.

Lock-Up Expiration Impact on A-Shares Requires Careful Observation! Overall, the impact of lock-up expirations on the A-share market requires careful observation. Investors should pay attention to the size of lock-up expirations, lock-up ratios, lock-up types, as well as the performance and future development prospects of different companies, and make investment decisions based on their own situations.

Disclaimer: All information from DataBao does not constitute investment advice. The stock market involves risks, and investment requires caution.