United States President Donald Trump Will Probably Trigger an Indirect Crypto Market Rally

United States President Donald Trump will likely trigger an indirect crypto market rally, judging by his latest forecast on the mainstream stock market

President Donald Trump's administration has been making a number of changes to U.S. economic policy. These changes have been the subject of much discussion and debate, with some arguing that they will have a positive impact on the economy, while others believe that they will be detrimental.

One area where there has been significant discussion is the impact of Trump's policies on the stock market. Many experts have noted that the administration's policies have almost damaged the economy, setting the stage for a massive shift.

During a recent speech, President Trump stated that his trip to Saudi Arabia secured over $1 trillion in investments for the United States. He went on to highlight 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.

"We're going to have over a trillion dollars in investment in the U.S. from Saudi Arabia alone, and that's a tremendous number. We're also going to be making some big commercial deals with companies like Amazon and Oracle for massive investments in new technology and infrastructure. These investments will create jobs, boost the economy, and generate even more investment."

President Trump also touched upon past criticism over his support for investing in assets. He said that people who followed his early advice now saw the benefits. According to him, an explosion of investments was coming, and stocks would respond quickly to the new policy direction, which might also impact the crypto market.

Earlier, on May 12, the S&P 500 went positive as it closed 3.26% higher at 15,844.19, 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 being driven by optimism around U.S.-China trade talks, which resulted in a 90-day halt on a planned increase in U.S. tariffs on Chinese goods. The development also signaled a potential breakthrough in the trade dispute between the world's largest economies.

It is pertinent to add that while stocks rose, the crypto market, powered by Bitcoin, also climbed steadily. According to CoinMarketCap, the largest cryptocurrency is changing hands at $104,287.29, notching up a 1.68% increase in 24 hours.

According to blockchain analytics firm Santiment, large investors known as ‘whales’ continued to accumulate Bitcoin over the last 30 days, while smaller investors sold BTC at a smaller scale.

Its data showed that wallets holding 10 to 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 some profit-taking activity among retail traders.

This activity highlights the ongoing strength of major investors in the face of market volatility. Over the same period, the cryptocurrency moved from $85,000 to $105,000, showcasing resilience even as traditional equities also demonstrated significant gains.

In a recent post on X, Bloomberg’s Mike McGlone also touched upon the correlation between crypto and stock. According to him, Bitcoin’s correlation with the S&P 500 is increasing.

McGlone believes that the crypto market is exhibiting leveraged beta behavior, and that Bitcoin is now assuming more systematic risk.

However, CryptoQuant data revealed that buying pressure for Bitcoin is getting stronger. The indicator, known as the PQ30, moved to 1.02 on May 13, indicating that short-term buyers are still in control.

But with the stock market showing no signs of slowing down, many analysts are now wondering if crypto could soon match the recent and future breakout pace of the market, as predicted by President Donald Trump.