Finance/Market Analysis
U.S. Stocks Retreat Post-Trump Election, Bitcoin Maintains Gains
Following Donald Trump's election win, the S&P 500 has lost 2%, while Bitcoin is up by 20%.
1 min read
Summary
Since Donald Trump’s victory in the 2024 U.S. elections, the S&P 500 index has lost 2% of its value, while Bitcoin has appreciated by 20%.
Key Points
- The Nasdaq 100 and S&P 500 have fully relinquished their gains following Trump’s election.
- Bitcoin, despite recent fluctuations, remains significantly above its pre-election value.
Market Performance
The recent turmoil has seen stock indices decline while Bitcoin holds strong.
- Nvidia: down over 20%.
- Meta Platforms: up about 10%.
Bitcoin has faced declines from its earlier highs but continues to reflect resilience, with current trading values holding above the 20% mark since the election.
