Bitcoin managed to outperform the opposite main world property, such because the inventory market, equities, treasuries and valuable metals, regardless of the current crypto market correction coinciding with the two-month debt suspension interval in the US.
Bitcoin’s (BTC) worth is at present down 23% from its all-time excessive of over $109,000 recorded on Jan. 20, on the day of US President Donald Trump’s inauguration, Cointelegraph Markets Professional knowledge exhibits.
Regardless of the current decline, Bitcoin nonetheless outperformed all main world market segments, together with the inventory market, equities, US treasuries, actual property and valuable metals, based on Bloomberg knowledge shared by Thomas Fahrer, the co-founder of Apollo Sats.
BTC/USD, 1-year chart. Supply: Cointelegraph
“Even with the pullback, Bitcoin nonetheless outperforming each different asset put up election,” wrote Fahrer in a March 18 X put up.
Asset efficiency post-Trump administration takeover. Supply: Thomas Fahrer
Regardless of considerations over the untimely arrival of the bear market cycle, Bitcoin’s retracement to $76,000 stays a part of an natural “correction inside a bull market,” based on Aurelie Barthere, principal analysis analyst on the Nansen crypto intelligence platform.
“We’re nonetheless in a correction inside a bull market: Shares and crypto have realized and are pricing in a interval of tariff uncertainty and monetary cuts, no Fed put. Recession fears are popping up,” the analyst advised Cointelegraph.
Associated: Bitcoin experiencing ‘shakeout,’ not finish of 4-year cycle: Analysts
Bitcoin ETFs log largest each day inflows since February
The US spot Bitcoin exchange-traded funds (ETFs) are beginning to see constructive web each day inflows, which can deliver extra upside momentum for the world’s first cryptocurrency.
Spot Bitcoin ETF web inflows. Supply: Sosovalue
The US Bitcoin ETFs recorded over $274 million value of cumulative web inflows on March 17, marking the best day of investments since Feb. 4, when Bitcoin was buying and selling above $98,652, Sosovalue knowledge exhibits.
ETF investments performed a serious function in Bitcoin’s 2024 rally, contributing roughly 75% of recent funding as Bitcoin recaptured the $50,000 mark on Feb. 15.
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Whereas Bitcoin may even see extra draw back volatility resulting from world commerce struggle considerations, it’s unlikely to see a major decline under the present ranges, based on Gracy Chen, CEO of Bitget.
Chen advised Cointelegraph:
“I do not see BTC falling under 70k, probably $73k – $78k which is a stable time to enter for any patrons on the fence. Within the subsequent 1-2 years, BTC at $200k isn’t as far-fetched as most would suppose.”
Different trade leaders are additionally optimistic about Bitcoin’s worth trajectory for the remainder of 2025, with worth predictions starting from $160,000 to above $180,000.
Journal: SCB suggestions $500K BTC, SEC delays Ether ETF choices, and extra: Hodler’s Digest, Feb. 23 – March 1