Boomers Hold On, Miss Out on S&P 500 Rally Amid Bitcoin Price Crash
Baby Boomers showed remarkable discipline by holding onto Bitcoin ETFs despite a significant price crash over the past year. The Bitcoin price dropped from $126,296 in October 2025 to $57,717 in July 2026, representing a decline of nearly 54%. Meanwhile, the S&P 500 ETF rose 15.5%, with strong mega-cap growth stocks like NVIDIA driving the gains.
While Baby Boomers stuck with Bitcoin ETFs through the tough times, they missed out on the best broad-market gains in a decade. The key factor to watch next is the 10-year Treasury yield, which affects valuations of these growth stocks and could impact the S&P 500's future performance.
Nvidia continues to show strength, trading at $219.33 with a 1-day gain of 2.54% as of September 18, 2026, according to Pluang. The stock's market cap stands at $5.17 trillion, reflecting ongoing investor interest in mega-cap growth stocks.