Trump attributes stock market gains and Bitcoin record highs to the 'Trump effect'

Odaily News In his final speech before taking office, President-elect Trump took credit for the stock market rally and Bitcoin's recent record high.
“You’ve seen results that no one expected,” Trump said at the rally, before calling it the “Trump effect.” “The stock market is up significantly since the election, small business optimism is up a record 41 points, to a 39-year high. Bitcoin is breaking new all-time highs.”
The stock market continued to rise over the past year, reaching a high in early December shortly after the election. The S&P 500 peaked at 6,090 on December 11, while the Nasdaq reached a high of 20,204 on December 16. (The Block)