From Nasdaq

April 21, 2025 1:00 pm:

Bitcoin faced volatility post-Trump’s election win, ending Q1 2025 in the red due to speculation on Fed rate cuts. Trump ordered a strategic Bitcoin reserve funded by seized assets, underwhelming investors. Despite market pullback, Bitcoin outperformed S&P 500 ETF Trust. Institutional adoption by GameStop and Rumble strengthens Bitcoin’s market position.

Fed Chair Powell’s less-dovish tone may hint at rate cuts amidst trade war concerns. iShares Bitcoin Trust ETF technical strength shows potential uptrend. Despite uncertainty, Bitcoin’s corporate adoption, macroeconomics, and inflation-hedging capabilities suggest a favorable entry point. Subscribe to Zacks’ Fund Newsletter for weekly ETF insights.

Read more at Nasdaq: Bitcoin Beats S&P 500 Past Month: ETFs in Focus