Bitcoin24h $119,019.26+0.76%

Ethereum24h $3,846.89+2.39%

XRP24h $3.23+1.29%

BNB24h $843.74+5.82%

Solana24h $188.03+0.87%

Dogecoin24h $0.2385+0.17%

TRON24h $0.3198-0.27%

Cardano24h $0.8261-0.13%

Sui24h $4.31+3.82%

Hyperliquid24h $43.54+0.58%

Bitcoin down 4% from ATH despite 60% increase in treasuries

Despite corporate accumulation, record spot ETF inflows, and Donald Trump ordering a “Strategic Bitcoin Reserve,” BTC has rallied a mere 11%.

Gold has outperformed bitcoin by nearly 40% this year

A year-to-date chart of gold versus BTC shows outperformance of the traditional safe haven asset amid geopolitical uncertainty.

Although companies with a bitcoin treasury have outperformed in prior years, they have underperformed in 2025 against basic benchmarks.

The altcoin market cap peaked at $1.9T on December 8, and has never regained that level despite the election of “crypto-friendly” Trump.

Would a bitcoin market sell order of a few million dollars flash crash its price? Technically yes, but not really.