Open account

Can Bitcoin and Ethereum Price Mirror the S&P 500 Rally as Trump Fuels Best Stock Market Returns?

The article notes the S&P 500 has hit record highs (above 7,000), fueling strong equity gains and rallies in crypto-related stocks, but Bitcoin and Ethereum have not yet mirrored that strength. Bitcoin trades around $77.5k (≈16% MTD) and faces key resistance at the 150‑day SMA (~$79k) and 200‑day SMA (~$85,446); a decisive break could push BTC toward new highs. Ethereum (~$2,316) remains inside an ascending channel — bullish while it holds channel support but vulnerable if midline support fails. The piece frames the S&P 500’s rally as the primary market driver, highlights outperformance by some crypto stocks (e.g., COIN, MSTR), and says BTC/ETH could follow if they flip critical resistance levels, making further upside conditional on technical breakouts.

Category

US 500

Sentiment

Mixed

Event

Performance comparison

Reading time

1 min