
One year ago, President Donald Trump was being heralded as the United States’ first crypto president. His deregulatory platform was expected to be a boon for stocks in the financials sector as well as the crypto industry.
But things did not go quite as planned. In 2025, financials ranked second-to-last among the S&P 500’s 11 sectors with a gain of just over 5%. Crypto enthusiasts were even more disappointed.