Bitcoin-hating Trump...Is the soaring price of the election a 'baked party award'? [Y Record]

■ Host: Anchor Park Seok-won. Anchor Um Ji-min
■ Starring: Kim Dae-ho, Director of Global Economic Research Institute

* The text below may differ from the actual broadcast content, so please check the broadcast for more accurate information. Please specify [YTN New Square 10AM] when quoting.

◇Anchor> Does Bitcoin go on a similar trend to Trump's rise? Why are you following me like this?

◆Kim Dae-ho> That's right. During the first period, President Trump suppressed Bitcoin very much. So, Bitcoiners said a lot of things like, "I hope President Trump doesn't run again," and I don't know if he was conscious of this, but President Trump has completely changed his strategy as he runs for the second president this time. I will reserve Bitcoin as a national strategic asset. Strategic assets are, for example, the government holds a certain amount of oil and crude oil so that they can be used in a national emergency. President Trump left the White House alone and thought for himself: Bitcoin is led by China and the U.S. is alienated from the center of gravity of Bitcoin. So the U.S. will take the lead in setting up Bitcoin with strategic assets. That's how I made a pledge to make related laws. Not only that, but President Trump himself now holds a huge amount of Bitcoin. As a result, there is an expectation that if President Trump is elected, there will be a huge explosion that will rise to $200,000 and more. Harris will also compete here, so the Democratic Party, Vice President Harris, and we will foster Bitcoin. Both candidates are doing this right now. Of course, President Trump's pledges are much stronger, so the higher the likelihood of President Trump's election, the greater the price of Bitcoin for the time being.Ma, however, is now that candidate Yang has promised to foster all of Bitcoin, so it seems difficult to judge that President Trump will prevail just by rising Bitcoin.

◇Anchor> Let me take a look at the stock market as well. The New York Stock Exchange closed higher, but in the end, uncertainty is resolved to some extent and investor sentiment is revived. As you mentioned earlier by stock, Tesla stopped being weak on the day of the presidential election. Nvidia Reclaims Top Market Cap What can we read with this?

◆Kim Dae-ho> Tesla and Nvidia are representative IT technology stocks, but overall, Harris' support, or Silicon Valley, is closer to the Democratic Party. But Tesla is a little different. Tesla is classified as eco-friendly when it comes to electric vehicles, so it's closer to the Democratic Party, but Tesla's owner and manager Elon Musk paid a huge amount of money in this election, and he took the lead in traveling around the country to dance and really did all-in in the election for President-elect Trump. From that point of view, the rise in Tesla's stock price was more betting on Musk's rise than Harris's. Expectations were very high, so you can see it like this, but now the New York Stock Exchange is at night and there is no normal trading, only futures are traded, but individual stocks are not traded in futures. Only Jisoo is traded. The index is also going up now, and in order to analyze the situation with individual stocks, it will be necessary to take a closer look at the opening of the New York Stock Exchange when it opens a few hours later.



Excerpted from
: Lee Mi-young, editor of the digital news team

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