Is Donald Trump Insulating Bitcoin’s Price From The Tech Stock Slide?

Since the market opened yesterday, the S&P500 has lost 1.8%, the tech-heavy Nasdaq-100 is down 3.0% and tech darling Nvidia (NVDA) has bled 5.3%.

Normally, bitcoin follows stocks (especially tech stocks) on their daily moves, but this time, as of writing, bitcoin (BTC) is up 0.5%. What gives?

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Cryptocurrencies: 16,188
Markets: 1,192
Marketcap: $ 3.70 T
24h Vol: $ 333.90 B
BTC Dominance: 54.60%