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Donald Trump Predicts Stock Market Breakout, Will Crypto Market Also Soar?

Donald Trump has stated that the stock market will go higher, which could lead to a crypto market rally given BTC's correlation with stocks.
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Donald Trump Predicts Stock Market Breakout, Will Crypto Market Also Soar?

Highlights

  • The correlation between crypto market and its stock counterpart may soon start paying off
  • President Donald Trump is optimistic in a potential stock market rally
  • The current market trends hints a possible Bitcoin breakout is also looming

United States President Donald Trump will likely trigger an indirect crypto market rally, judging by his latest forecast on the mainstream stock market, driven by his administration’s new policies. While many experts have noted that the Trump administration’s policies have almost damaged the economy, new developments show that a massive shift is coming.

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Donald Trump, Stock and Crypto Market Correlation

During a recent speech, President Trump stated that his trip to Saudi Arabia secured over $1 trillion in investments for the United States. He highlighted upcoming commercial deals with major companies such as Amazon and Oracle. According to him, these investments would drive a rise in the stock market and increase jobs.

At the Saudi-U.S. Investment Forum event in Riyadh, Donald Trump addressed past criticism over his support for investing in assets. He insisted that people who followed his early advice now saw the benefits. He predicted that an explosion of investments was underway. He added that stocks would respond strongly to the new policy direction, possibly rubbing off on the crypto market.

In an earlier update, CoinGape noted that on May 12, the S&P 500 turned positive as it closed at 3.26% higher at 5,844.19, officially entering a bull market. It has gained over 1,000 points in the last month, erasing previous losses for 2025. Analysts say the market rally is supported by optimism around U.S.-China trade talks, which resulted in a 90-day halt on levies.

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Bitcoin and Retail BTC Investors Shaping Crypto Market Narrative

It is worth noting that while stocks rose, the crypto market, led by Bitcoin, also climbed steadily. According to CoinMarketCap, the largest cryptocurrency trades at $104,287.29, depicting a 1.68% increase in 24 hours.

Data from Santiment shows that wallets between 10 and 10,000 BTC added over 83,000 BTC in 30 days. On the other hand, smaller wallets holding less than 0.1 BTC sold 387 BTC, signaling a wave of profit-taking among retail traders.

This activity shows that large investors are still confident in Bitcoin’s direction. Over the same period, the cryptocurrency moved from $85,000 to $105,000, matching the strength seen in traditional equities.

Bitcoin and S&P 500 Correlation Raises Questions

In a recent post on X, Bloomberg’s Mike McGlone also indirectly weighed in on the crypto market and stock correlation. He noted that Bitcoin’s correlation with the S&P 500 is rising. He believes the crypto market shows leveraged beta behavior and that Bitcoin now carries more systematic risk.

However, CryptoQuant data revealed that buying pressure for Bitcoin has increased. The indicator rose to 1.02 on May 13, signaling short-term buyers’ dominance. Many analysts now wonder if crypto could soon match the stock market’s recent and future breakout pace as predicted by President Donald Trump.

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Godfrey Benjamin

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow him on X, Linkedin

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Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
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