A survey conducted by management consulting firm Gallup shows that two-thirds of American respondents expect the stock market to rise by 2025, but approximately the same proportion anticipate that this increase will be accompanied by heightened domestic political conflict and international discord.
Specifically, 66% of respondents predict a rise in the stock market by 2025, which is 30 percentage points higher than predictions for 2023 during a period of high inflation and low economic confidence in December 2022. The survey also reveals that only 23% of American respondents expect "positive" political cooperation under Trump's administration, while just 32% predict more peace internationally in 2025.
However, these figures are an improvement on voting results for political cooperation and international peace in 2023 (9% and14%).
Analysts point out that such sentiment could impact the cryptocurrency market. History has shown that sustained rises in the stock market sometimes coincide with Bitcoin increases as investors demonstrate a willingness to take on more risk. Data from Bitcoin analysis platform Newhedge indicates an unstable correlation between Bitcoin and SP500 index despite some industry executives noting a closer link between Bitcoin price trends and tech stocks. (Cointelegraph)