Bitwise CIO: This pullback has seen Bitcoin perform exceptionally well, possibly outpacing the stock market for the first time.

WuSaidBlockchainW · 2025-04-15T10:29:47+00:00

Bitwise Chief Investment Officer Matt Hougan believes that Bitcoin has shown stability, remaining flat at 84,379 over the past month with a fluctuation of only 0.07%. Amid market fluctuations triggered by Trump's tariff policies, Bitcoin has outperformed U.S. stocks and may be facing a historic turning point. As companies and institutions increase their holdings of Bitcoin, its safe-haven properties may surpass those of risk assets.

WuSaidBlockchainW

2025-04-15 10:29:47

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Bitwise Chief Investment Officer Matt Hougan stated that Bitcoin has performed “significantly differently” during the recent market pullback, with its price nearly flat at $84,379 over the past month, showing a fluctuation of only 0.07%, demonstrating rare stability. In contrast, the U.S. stock market dropped 12% during the same period due to market fluctuations caused by Trump’s tariff policies, while Bitcoin performed excellently. Hougan pointed out that since Bitcoin broke the $1 mark in 2011, it has never outperformed during a full stock market pullback, but a historic turning point may be on the horizon. Hougan also believes that as businesses, institutions, and governments increase their Bitcoin holdings, its attribute as a safe-haven asset is gradually overshadowing its positioning as a risk asset. (TheBlock)

BTC1,8%

TRUMP4,68%

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