Bitcoin Holds Gains as U.S. Stocks Erase Post-Trump Election Rally

Since Donald Trump’s election victory in November, the S&P 500 has slipped 2%, while Bitcoin has soared 20%.

Concerns over tariffs have rattled the stock market in recent weeks, leading both the Nasdaq 100 and S&P 500 to surrender all the gains made since Trump’s win. In contrast, Bitcoin (BTC) remains firmly in positive territory.

The broader equity market has dipped more than 2% over this period, but Bitcoin continues to outperform with a 20% increase.

AI chip leader Nvidia (NVDA) has been hit hard, tumbling over 20% since Trump’s election. On the other hand, Meta Platforms (META) has been a bright spot among the “Magnificent Seven” tech stocks, rising roughly 10%.

MicroStrategy (MSTR), known for its Bitcoin holdings, has plunged more than 50% from its November peak but remains 20% higher since Trump’s election.

Despite Bitcoin’s recent slump—falling nearly 20% from its $109,000 price on Jan. 20, the day before Trump’s inauguration—it is still trading at $88,000, holding onto a strong 20% gain from pre-election levels.