Bitcoin has managed to outperform other significant global assets, including the stock market, equities, government bonds, and precious metals, despite the recent correction in the cryptocurrency market that coincided with a two-month debt suspension period in the United States.
Currently, Bitcoin’s (BTC) price sits 23% lower than its record high of over $109,000, which was observed on January 20, the day of the US Presidential inauguration.
Even with this recent dip, Bitcoin continues to surpass all major global market sectors, such as the stock market, equities, US government bonds, real estate, and precious metals, as per data shared by a market analyst.
"Even with the recent pullback, Bitcoin is still outperforming every other asset post-election," the analyst noted in a recent social media update.
Concerns regarding a potential premature bear market cycle have arisen, but Bitcoin’s decline to $76,000 is considered part of a natural "correction within a bull market," according to a principal research analyst at a crypto intelligence platform.
"We are still experiencing a correction in a bull market: Stocks and cryptocurrencies are reflecting an environment of tariff uncertainty and fiscal cuts, with no Federal Reserve safety net. Recession fears are beginning to surface," the analyst commented.
Bitcoin ETFs See Major Daily Inflows
In the U.S., spot Bitcoin exchange-traded funds (ETFs) have started to attract positive net daily inflows, potentially fueling further upward momentum for the leading cryptocurrency.
The U.S. Bitcoin ETFs recorded over $274 million in net inflows on March 17, marking the largest inflow day since February 4 when Bitcoin was trading above $98,652.
ETF investments significantly influenced Bitcoin’s 2024 rally, contributing approximately 75% of new investments as Bitcoin reclaimed the $50,000 threshold on February 15.
While global trade war tensions may introduce more downside volatility for Bitcoin, a major drop below current levels seems unlikely, according to a cryptocurrency exchange CEO.
"I don’t foresee BTC dropping below $70,000, likely staying between $73,000 and $78,000, which would be a solid entry point for any hesitant buyers. Within the next 1-2 years, BTC reaching $200,000 isn’t as unrealistic as many might think," the CEO stated.
Other industry leaders remain optimistic regarding Bitcoin’s price movement for the latter half of 2025, with predictions estimating prices from $160,000 to over $180,000.