🇺🇸 President Trump says stocks are at an all-time high and crypto is "through the roof."
President Trump has indeed made a statement about the current state of the stock market and cryptocurrency prices. According to recent reports, Trump said, "Tech stocks, industrial stocks and the Nasdaq hit alltime record highs! Crypto, 'through the roof.'" This statement comes after Bitcoin reached a new alltime high above $112,000, pushing the overall crypto market capitalization to $3.4 trillion, a peak last seen in June 2025.
Key Highlights:
Stock Market Performance: The Nasdaq has hit an alltime high, with tech stocks and industrial stocks also performing well.
Cryptocurrency Prices: Bitcoin's price surge has contributed to the growth of the crypto market, with the total market capitalization reaching $3.4 trillion.
Tariffs and Economic Policies: Trump's administration has imposed tariffs on Chinese goods, including a 145% tariff on chipmaker Nvidia's share prices, which have risen about 47% since the tariff was imposed.
It's worth noting that Trump's comments reflect the ongoing interest and investment in cryptocurrencies, which continue to gain traction. His administration's policies, including tariffs and tax cuts, may be contributing to the current market trends.