Trump’s Bitcoin Bombshell: Nasdaq’s Nightmare or Crypto’s Comeback?

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So, apparently, President Trump might be the reason Bitcoin and Nasdaq are about to break up. 🚨 Luke Gromen, the macro guru who probably has a crystal ball in his office, dropped this bombshell on Natalie Brunell’s Coin Stories podcast. Because, of course, the White House is now moonlighting as a financial matchmaker. 💔

Gromen, the brains behind Forest for the Trees (FFTT), pointed to the America First Investment Policy memo. You know, that thing the Trump Administration released in February that basically told China, “Take your money and shove it.” 🇺🇸💸

With foreign capital fleeing the US like it’s a sinking ship, Gromen predicts Nasdaq will take a hit while Bitcoin, the cool, neutral kid in the global asset playground, will thrive. Because, let’s face it, Bitcoin doesn’t care about tariffs or political drama. It’s just here for the vibes. 🌍✨

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“That, I think, will ultimately be a catalyst to the separation of Bitcoin and Nasdaq,” Gromen said, sounding like he’s narrating a rom-com. “Bitcoin is levered Nasdaq, I get it; it’s a high-beta Nasdaq, in the short run. But at some point, capital flow is going to see Bitcoin for what it is: a neutral reserve asset linked to energy, uncontrollable by any government.” 🚀

He also mentioned gold is already benefiting from this mess, which is basically the financial equivalent of the warm-up act before Bitcoin’s headliner performance. 🎤

At the time of writing, Bitcoin is chilling at $83,233. Not bad for a digital asset that’s basically the James Bond of finance. 🕶️

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2025-04-06 15:01