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How This Crypto Hedge Fund Nailed the Trump Trade

cryptovert November 7, 2024 1 min read

The
result?
It
has
been
Lekker’s
most
successful
trade
since
the
fund
was
launched
six
months
ago,
Thompson
told
CoinDesk.
He
declined
to
give
exact
numbers.
SOL
has
surged
13%
in
the
last
24
hours
and
isn’t
far
from
multi-year
highs.
AI-related
bitcoin
miners
such
as
Core
Scientific
(CORZ),
Hut
8
(HUT)
and
HIVE
(HIVE)
are
up
roughly
10%
Wednesday,
while
BTC
is
soaring
8.7%
and
hit
a
new
all-time
high
of
$75,600.

“It’s
difficult
for
investors
to
take
public
stances
because
politics
is
such
a
divisive
topic.
Just
like
how
it’s
taboo
to
talk
about
it
with
strangers,”
Thompson
said,
before
adding
that
herein
lies
the
appeal
of
investing
in
a
hedge
fund
that
focuses
on
macroeconomics.

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Previous: Polymarket Projects a GOP House, Clinching Trump Trifecta
Next: The Protocol: Elections, Schmections. Blockchain’s Got Work to Do

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