Asian Markets Up, US Stocks & Crypto Down Since Trump Win
Since Trump's election, Asian indices rose while US markets and crypto saw declines. Here's what the data reveals.
- Hang Seng and Shanghai indices saw modest gains.
- US indices like S&P 500 and Nasdaq declined.
- Bitcoin and Ethereum saw notable losses since Trump’s win.
The financial markets have responded in various ways since Donald Trump was elected US President. Tradeview data reveals that while some Asian markets posted gains, major US indices and popular cryptocurrencies experienced declines.
This contrast in performance suggests investor sentiment has shifted across different sectors and geographies.
Asian Indices Outperform US Equities
According to Tradeview, the Hong Kong Hang Seng Index rose by 17%, and the China Shanghai Composite Index edged up by 3.27% since Trump took office. These numbers indicate steady investor confidence in Asian markets during this period, possibly influenced by local policy stability and regional economic growth.
In contrast, US equities didn’t fare as well. The S&P 500 dropped by 4.26%, and the Nasdaq declined by 6.1%. This downturn reflects broader concerns among investors regarding US economic policies, geopolitical tensions, and ongoing debates around interest rates and inflation.
Crypto Markets Face Bigger Challenges
Cryptocurrencies suffered the most. Bitcoin (BTC) fell by 15.6%, while Ethereum (ETH) saw a sharp 36.5% drop. This could be tied to regulatory uncertainty, fluctuating investor interest, and macroeconomic factors that influence risk appetite in the crypto space.
Despite occasional bull runs during Trump’s tenure, the overall performance of crypto since his election suggests a more cautious or uncertain sentiment from investors.
