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If You Invested $1,000 In Bitcoin When Donald Trump Won 2024 Election, Here's How Much You've Lost

The article argues that Bitcoin’s post-election surge tied to Donald Trump’s pro-crypto stance has reversed sharply. After Trump’s 2024 victory, Bitcoin rallied to above $76,000, then broke $90,000, and later topped $100,000 as optimism grew around crypto-friendly policy, a Strategic Bitcoin Reserve, and legislative progress. However, those hopes have faded, with key policy promises stalling and Bitcoin dropping to around $63,889, even trading below $50,000 at one point in the week. A $1,000 Bitcoin investment made after the election would now be worth about $836.95, while the same amount in the SPDR S&P 500 ETF Trust would have risen to $1,254.45. The piece highlights Bitcoin’s underperformance versus equities and notes that investors who bought into the rally are currently holding losses.

Category

Bitcoin

Sentiment

Bearish

Event

Performance comparison

Reading time

1 min