Trump Drops Truth Bomb: Bitcoin & Crypto Crushed Stocks in 2024—Here’s Why It Matters

Wall Street's playing catch-up while digital assets leave traditional markets in the dust.

The numbers don't lie

When a former US president—one who once called crypto 'a scam'—publicly acknowledges Bitcoin's outperformance, even the most skeptical fund managers start sweating into their Hermès ties. The asset class just delivered a masterclass in asymmetric returns.

Institutional FOMO reaches critical mass

BlackRock's ETF approval was the starting gun. Now pension funds and sovereign wealth vehicles are scrambling for exposure—proving once again that finance moves at two speeds: glacial for regulation, light-speed when bonuses are on the line.

The cynical take

Of course this rally happened while SEC chair Gensler was busy writing another 200-page rejection letter for a spot Ethereum ETF. Nothing fuels crypto adoption like watching regulators fight yesterday's battles with tomorrow's technology.

One thing's certain—when politicians start claiming credit for market movements they neither understand nor influenced, the top might be near. But until then? The charts speak for themselves.