Bitcoin beats global assets post-Trump election, despite BTC correction

8 hours ago

Bitcoin managed to outperform the different large planetary assets, specified arsenic the banal market, equities, treasuries and precious metals, contempt the caller crypto marketplace correction coinciding with the two-month indebtedness suspension play successful the United States.

Bitcoin’s (BTC) terms is presently down 23% from its all-time precocious of implicit $109,000 recorded connected Jan. 20, connected the time of US President Donald Trump’s inauguration, Cointelegraph Markets Pro information shows.

Despite the caller decline, Bitcoin inactive outperformed each large planetary marketplace segments, including the banal market, equities, US treasuries, existent property and precious metals, according to Bloomberg information shared by Thomas Fahrer, the co-founder of Apollo Sats.

“Even with the propulsion back, Bitcoin inactive outperforming each different plus station election,” wrote Fahrer successful a March 18 X post.

Despite concerns implicit the premature accomplishment of the carnivore marketplace cycle, Bitcoin’s retracement to $76,000 remains portion of an integrated “correction wrong a bull market,” according to Aurelie Barthere, main probe expert astatine the Nansen crypto quality platform.

“We are inactive successful a correction wrong a bull market: Stocks and crypto person realized and are pricing successful a play of tariff uncertainty and fiscal cuts, nary Fed put. Recession fears are popping up,” the expert told Cointelegraph.

Bitcoin ETFs log biggest regular inflows since February

The US spot Bitcoin exchange-traded funds (ETFs) are starting to spot affirmative nett regular inflows, which whitethorn bring much upside momentum for the world’s archetypal cryptocurrency.

The US Bitcoin ETFs recorded implicit $274 cardinal worthy of cumulative nett inflows connected March 17, marking the highest time of investments since Feb. 4, erstwhile Bitcoin was trading supra $98,652, Sosovalue information shows.

ETF investments played a large relation successful Bitcoin’s 2024 rally, contributing astir 75% of caller concern arsenic Bitcoin recaptured the $50,000 people connected Feb. 15.

While Bitcoin whitethorn spot much downside volatility owed to planetary commercialized warfare concerns, it is improbable to spot a important diminution beneath the existent levels, according to Gracy Chen, CEO of Bitget.

Chen told Cointelegraph:

“I don't spot BTC falling beneath 70k, perchance $73k - $78k which is simply a coagulated clip to participate for immoderate buyers connected the fence. In the adjacent 1-2 years, BTC astatine $200k isn’t arsenic far-fetched arsenic astir would think.”

Other manufacture leaders are besides optimistic astir Bitcoin’s terms trajectory for the remainder of 2025, with terms predictions ranging from $160,000 to above $180,000.