Market Cap: $2.6668T -0.320%
Volume(24h): $82.5904B 79.420%
  • Market Cap: $2.6668T -0.320%
  • Volume(24h): $82.5904B 79.420%
  • Fear & Greed Index:
  • Market Cap: $2.6668T -0.320%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$81574.051037 USD

-2.23%

ethereum
ethereum

$1803.338515 USD

-2.12%

tether
tether

$0.999967 USD

0.01%

xrp
xrp

$2.090263 USD

-5.03%

bnb
bnb

$601.699731 USD

-1.76%

solana
solana

$125.689093 USD

-0.60%

usd-coin
usd-coin

$0.999984 USD

-0.01%

dogecoin
dogecoin

$0.165660 USD

-3.68%

cardano
cardano

$0.653985 USD

-4.23%

tron
tron

$0.232480 USD

0.49%

toncoin
toncoin

$3.887600 USD

4.52%

chainlink
chainlink

$13.337301 USD

-2.95%

unus-sed-leo
unus-sed-leo

$9.104580 USD

-5.65%

stellar
stellar

$0.264569 USD

-2.56%

avalanche
avalanche

$18.801191 USD

-5.23%

Cryptocurrency News Articles

Bitcoin (BTC) Price Drops Against Both US Stocks and Gold, as Gold Outperforms BTC by 17% YTD

Mar 29, 2025 at 04:29 pm

Bitcoin is experiencing a decline in value against both the US stock market and gold, with analysts predicting further potential drops.

Bitcoin (BTC) Price Drops Against Both US Stocks and Gold, as Gold Outperforms BTC by 17% YTD

Bitcoin has been struggling in 2025. Since the start of the year, the price of the leading cryptocurrency has dropped by over 10.5%, and is currently trading at $83,706.02.

This decline seems to be closely tied to the performance of the US stock market, with the S&P 500 also slipping throughout the year, having lost 5.44% so far. But while Bitcoin and stocks are going down, gold is going up.

Gold has surged 17.56% in 2025, rising to $3,085.345, which has also brought fresh attention to the possibility of investors rotating out of Bitcoin and other risk assets. Some experts believe this could spell trouble for crypto.

Gold advocate Peter Schiff predicts that if gold manages to cross the $5,000 mark, then Bitcoin could crash to $10,000 as younger investors finally begin shifting their attention to the yellow metal.

Bitcoin is struggling in 2025. Since the start of the year, the price of the leading cryptocurrency has dropped by over 10.5%, and is currently trading at $83,706.02.

This decline seems to be closely tied to the performance of the US stock market, with the S&P 500 also slipping throughout the year, having lost 5.44% so far. But while Bitcoin and stocks are going down, gold is going up.

Gold has surged 17.56% in 2025, rising to $3,085.345, which has also brought fresh attention to the possibility of investors rotating out of Bitcoin and other risk assets. Some experts believe this could spell trouble for crypto.

After a period of sluggish performance, gold is finally showing signs of strength in 2025. Since the beginning of the year, the price of the yellow metal has surged by 17.56%, reaching $3,085.345.

Meanwhile, the S&P 500 has dropped by 5.44% and major cryptocurrencies are also struggling, with Bitcoin down 10.5%. As the price of gold continues to rise, it could soon outpace both the US stock market and Bitcoin.

However, despite the impressive gains made by gold this year, veteran trader Peter Brandt believes that the price of Bitcoin could slide further.

According to Brandt, Bitcoin’s price chart is now showing a bearish wedge pattern, which could push the price of BTC down to $65,635.

This level is crucial as it represents the lower boundary of the wedge pattern. A break below this zone could open the door for further bearish momentum.

Brandt's analysis also reveals that the wedge pattern is already in its final stages, suggesting that any potential recovery in BTC from this point could be limited.

Crypto analyst Michael van de Poppe also predicts that if Bitcoin manages to break below the key support at $84,000, then it could pave the way for a swift drop to $70,000.

According to van de Poppe, this move could be driven by strong bearish momentum, which could push BTC even lower.

However, despite the gloomy predictions, some experts believe that Bitcoin may have already reached its lowest point.

ByteTree founder Charlie Morris suggests that with Bitcoin already bottoming out, further downward movement seems unlikely.

According to Morris, several factors indicate that Bitcoin has hit its trough and is poised for a rebound.

He believes that the lack of new lows in Bitcoin despite the broader market downturn is a key sign of a bottoming process.

Moreover, Morris highlights the fact that several altcoins have already begun to surge against Bitcoin, which he sees as a natural occurrence during a bull market cycle.

This shift in favor of altcoins could be a positive development for the cryptocurrency markets.

Furthermore, Morris notes that the total value locked (TVL) in Web3 has remained relatively stable despite the turbulent year, suggesting resilience in the sector.

Nevertheless, financial author Robert Kiyosawi predicts that silver could outpace both gold and Bitcoin in the coming months.

According to Kiyosawi, the rising cost of living is a significant concern, and he believes that both gold and silver have the potential to serve as valuable hedges against inflation.

While he acknowledges the investment opportunities in cryptocurrencies, Kiyosawi remains optimistic about the prospects of silver.

Due to its role in various industrial applications, silver is likely to experience increased demand in the years to come.output: Bitcoin is struggling in 2025. Since the start of the year, the price of the leading cryptocurrency has dropped by over 10.5%, and is currently trading at $83,706.02.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Apr 01, 2025