The Stock Market Tariff Tantrum of the past few weeks has seen NASDAQ 100 and S&P 500 surrender to all their acquisitions since early November election Donald Trump’s success even as Bitcoin (Btc) remains in positive territory.
Both equity gauges are more than 2% lower, while Bitcoin climbs 20% in the same time frame.
Market head Nvidia (NVDA), whose chips are required for AI tools, for example, is less than 20% from Trump’s success. On the flip side, the meta platforms (Meta) are the stand out stock in the so-called seven technology companies that gained about 10%.
While the Bitcoin Buyer Strategy (MSTR) is down by more than 50% From all times high in November, it has remained 20% since the election.
Although Bitcoin Bulls certainly failed to perform the price of late – the world’s largest cryptocurrency fell by almost 20% from $ 109,000 the day before Trump was inaugural on January 20 – the current price of $ 88,000 was still nearly 20% from its level before the November election.
