In the past 24 hours, Trump has not wielded new tariffs, and a strong rebound in the US stock market is imminent.
The NASDAQ index surged by 2.61%, with star stock NVIDIA (NVDA) rising by 5.27% and Microstrategy soaring by 13%.
Quantum computing (QUBT) jumped by 29%; RGTI rose by 28%; OKLO increased by more than 15%; RCAT also surged by over 15%.
The crypto industry’s rebound was below expectations, with BTC rising by 3% in the past 24 hours; ETH up by 2%; XRP up by 7%; SOL up by 7%; ADA up by 6%; DOGE up by 3%.
Mainstream altcoins, such as XRP, SOL, DOGE, LTC, and AVAX, are making faster progress in ETF approvals, possibly indicating a trading opportunity, with specific attention likely needed after April.
Currently, expectations regarding a recession are pessimistic, and the market has largely priced in the effects of a recession.
Moving forward, the market is expected to experience a wave of recovery, with the extent of the increase still needing to be observed based on Trump’s every move, especially concerning tariff measures.