Bitcoin Outperforms as U.S. Stocks Erase Post-Trump Election Gains
Since Donald Trump’s election victory in November, the S&P 500 has slipped 2%, while Bitcoin has surged by 20%.
Stock market volatility, driven by tariff concerns, has wiped out all post-election gains in the Nasdaq 100 and S&P 500. However, Bitcoin (BTC) has held onto its strong performance, remaining in positive territory.
Both major stock indexes have declined over 2% in the same period, but Bitcoin has managed to maintain a 20% rise.
Among individual stocks, AI powerhouse Nvidia (NVDA) has tumbled more than 20% since Trump’s win, while Meta Platforms (META) has emerged as a standout performer among the “Magnificent Seven” tech stocks, climbing approximately 10%.
MicroStrategy (MSTR), known for its large Bitcoin holdings, has fallen more than 50% from its all-time high in November, though it remains up 20% since the election.
Bitcoin’s recent pullback—down about 20% from its $109,000 price on Jan. 20, just before Trump’s inauguration—may have disappointed bulls, but at $88,000, it’s still holding onto a solid 20% gain from pre-election levels.
