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This “Trump Effect” Is Not Priced Into the Crypto Market Yet
Betting on the first Pro-Crypto President
This “Trump Effect” Is Not Priced Into the Crypto Market Yet
During President Donald Trump’s first term, he mentioned the stock market over 60 times on Twitter (now X) in the first 15 months of his administration.
To President Trump, the stock market was a barometer of his own success. If the market did well, he believed he did well, too.
Every new stock market high was an opportunity to tout his performance as the nation’s chief executive.
According to some studies, President Trump sent over 8,000 tweets that had measurable impacts on major indexes like the S&P 500 during his first term.
Here’s an example of a tweet President Trump sent on November 7, 2017, the day after the S&P 500 hit a then all-time high of 2,597.
Source: X
Like many highly successful, driven entrepreneurs, President Trump likes to take credit for his perceived wins. And tweets like the one above show us he uses the success of the stock market as a personal benchmark of his own presidential success.
But when President Trump returns to the White House on January 20, I don’t believe the stock market will be the only barometer of economic success he’ll be tied to.
Instead, I believe another barometer will be the crypto market. And this new “Trump effect” isn’t being priced into the market.
That is why if you’re worried about the recent pullback in crypto prices, don’t be.
The “Trump Effect” is about to kick in. And it will create the biggest bull market we have ever seen in crypto.
Becoming the First Pro-Crypto President