Trump Approval Rating Drops Despite Stock Market Rise

As of January 22, data reveals that former President Trump’s political approval rating has dropped to a new low, driven by rising inflation concerns and internal Republican dissent.

This decline underscores the significant impact of economic factors on political popularity, highlighting voter dissatisfaction with tariffs and monetary policy beyond the stock market’s performance.

Despite a strong stock market in Trump’s second term, his approval rating has dropped significantly. The The Economist and YouGov poll indicate a current approval of 37%, a marked decline from previous figures.

Voter dissatisfaction is largely due to tariff-induced inflation and increased living costs. Tariff concerns have been highlighted by 69% of respondents who feel these policies are directly impacting their expenses. To explore further, visit the U.S. foreign policy trends in January 2026. This economic pressure is compounded by dissatisfaction with foreign policy, including opposition to ideas like acquiring Greenland or military actions in Venezuela.

Republican Party internal support has also decreased, dropping from 88% to 79%. There is a notably low trust in the White House’s monetary policy, with 44% of voters trusting Federal Reserve Chair Jerome Powell more than Trump. The decline in approval ratings underscores the shift in voter priorities, focused more on economic and geopolitical stability. As noted by a source, “It appears there are no direct quotes or statements from cryptocurrency industry leaders regarding Trump’s approval rating decline or its implications for the crypto market as of January 2026.”

Insights from the Coincu research team suggest that fluctuations in geopolitical stability and monetary trust could indirectly affect cryptocurrency market dynamics. Current economic instability might shift investor focus towards decentralized assets as a hedging strategy, highlighting potential shifts in market behavior supported by recent trends. To delve deeper into these dynamics, refer to this insights on the US inflation rate.

Historical Context, Price Data, and Expert Analysis

Did you know? In the 1960s, economic turbulence and foreign policy missteps also drastically affected presidential approval ratings, offering a historical parallel to current trends.

Bitcoin (BTC) currently trades at $89,884.30, with a market cap of $1.80 trillion and a 24-hour trading volume of $52.79 billion, as reported by CoinMarketCap on January 22, 2026. BTC’s market dominance stands at 59.06%. Over the last 90 days, BTC has decreased by 19.17%, despite minor upticks over shorter periods.

Insights from the Coincu research team suggest that fluctuations in geopolitical stability and monetary trust could indirectly affect cryptocurrency market dynamics. Current economic instability might shift investor focus towards decentralized assets as a hedging strategy, highlighting potential shifts in market behavior supported by recent trends.