#U.S. Stocks Cool Off, Bitcoin Heats Up#

A recent survey conducted by Chainplay and Storible revealed that 52% of Americans have sold traditional assets like stocks or gold to invest in Bitcoin. This indicates the growing prominence of digital assets in American investment portfolios, aligning with President Trump's pro-cryptocurrency policies. The survey also found that one in five Americans now allocate more than 30% of their investment funds to cryptocurrencies, with 68% of Americans owning cryptocurrencies. Trump's appointment of pro-innovation individuals and pre-election promises have propelled Bitcoin to record highs, and the survey indicates that the adoption rate of cryptocurrencies will surge after November 5th, 2024. Additionally, 64% of Americans who own cryptocurrencies have recommended them to family members, 60% expect to double their holdings by 2025, and 77% plan to buy more cryptocurrencies, demonstrating a continuously increasing adoption rate. This trend suggests that cryptocurrencies like Bitcoin are progressively becoming mainstream investment choices, while traditional assets like stocks and gold are being sidelined.