Bitcoin price prediction: World's top Cryptocurrency is beating Gold, US stock market's S&P 500, Nasdaq

Bitcoin price has managed to outperform US stock markets and gold, as per a report.

The world's top and original cryptocurrency is now a whisker away from the $100,000 mark last seen three months ago, after a 15 per cent rise in April alone. By comparison, the S&P 500 slipped around 0.8 per cent in April, the tech-focused Nasdaq Composite eked out 0.8 per cent gains last month, while the U.S. dollar index fell over 4 per cent, Reuters reported quoting VanEck data.

Bitcoin has even outperformed gold's 11 per cent rise since April 2, despite the safe-haven metal's surge to record highs. Measures of bitcoin's expected volatility have dropped to 18-month lows, as per Block Scholes.

Bitcoin Price Outlook for 2025

Bitcoin is up 33 per cent from its April low in a surprising turn for the cryptocurrency, given how closely it has mimicked the performance of equity markets in periods of market turmoil- particularly the tech sector - over the past few years.

Bitcoin is finally reclaiming its place as a big alternative for investors spooked by President Donald Trump's trade war and keen to dump U.S. stocks, Treasuries and the dollar, as per a Reuters report.

After an initial tumble to its lowest levels this year soon after Trump announced his Liberation Day tariffs on April 2, the notoriously volatile bitcoin has slowly clawed back ground, the VanEck data reveals.

Investors have also turned more bullish on digital asset-focused investment products, with roughly $5.5 billion over the last three weeks flowing into those funds, as per CoinShares data, including $1.8 billion in the week through May 3 for bitcoin products.

If changing tariff policies continue to drive a move away from U.S. assets, bitcoin could find its next leg higher, Geoff Kendrick, global head of digital asset research at Standard Chartered Bank said in a note to clients.

"We expect a strategic asset reallocation away from U.S. assets to trigger the next sharp upswing in bitcoin in the coming months," Kendrick said, adding he sees bitcoin hitting a new record high of around $120,000 in the second quarter of 2025.

FAQs

Q1. What is world's top cryptocurrency?
A1. Bitcoin is world's top cryptocurrency.

Q2. How has Gold performed against Bitcoin?
A2. Bitcoin has even outperformed gold's 11 per cent rise since April 2, despite the safe-haven metal's surge to record highs.