While Trump Talked Big, Asian Markets Walked Tall (As Bitcoin & Ethereum Wobbled)
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- The crypto market has pulled back since Donald Trump’s election victory.
- US stocks have also struggled under Trump as Asian stocks soar.
- Analysts think it is too early to conclude on President Trump’s economic plans.
Contrary to what many in the cryptocurrency community anticipated, the crypto market actually experienced an overall pullback since Donald Trump won the election to become the current US president.
Data from TradingView show that cryptocurrencies and US stocks have experienced a pullback while Asian stocks rallied.
How Have Different Markets Performed Since the US Elections?
The famous Chinese journalist Colin Wu highlighted these assets’ performances in his latest post on X, showing how the top Asian stocks posted profits while the US stocks and cryptocurrencies have remained in a losing position.
According to Wu’s post, the Hong Kong Hang Seng Ind…
The post While Trump Talked Big, Asian Markets Walked Tall (As Bitcoin & Ethereum Wobbled) appeared first on Coin Edition.
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