Bitcoin has experienced a remarkable rally this week, positioning itself for its strongest weekly gain since Donald Trump’s election victory in November 2024. The cryptocurrency has seen significant inflows from exchange-traded funds (ETFs), totaling approximately $2.7 billion, signaling renewed investor confidence in the digital asset market.
Key Takeaways
- Bitcoin is on track for its strongest weekly gain since November 2024, with a rise of over 11% this week.
- U.S.-listed spot bitcoin ETFs recorded $2.68 billion in net inflows, the highest since December.
- Analysts suggest that Bitcoin’s recent performance indicates a decoupling from traditional macro assets, highlighting its role as a store-of-value.
- Predictions indicate potential for Bitcoin to reach between $133,000 and $136,000 by late 2025 or early 2026.
Bitcoin’s Recent Performance
As of April 25, 2025, Bitcoin (BTC) was trading around $95,000, reflecting a 1.8% increase over the past 24 hours. Ethereum (ETH) also saw gains, rising 2% to just over $1,800. Other cryptocurrencies, including Sui (SUI), Bitcoin Cash (BCH), and Hedera’s HBAR, contributed to the positive momentum in the CoinDesk 20 Index.
This surge in Bitcoin’s price caps a week of exceptional recovery for the cryptocurrency market, which had faced challenges earlier in April due to tariff-related uncertainties. The current rally is being viewed as a potential precursor to new record highs for Bitcoin.
ETF Inflows and Market Dynamics
The substantial inflow of $2.68 billion into U.S.-listed spot bitcoin ETFs this week marks a significant rebound in investor interest. This influx is the largest recorded since December and reflects a growing appetite for Bitcoin among institutional and retail investors alike.
David Duong, Coinbase Institutional’s global head of research, noted that Bitcoin’s recent strength relative to traditional assets like U.S. stocks and gold indicates a potential market inflection point. He emphasized that this divergence may signify Bitcoin’s evolving role as a resilient store-of-value asset, increasingly favored by investors seeking stability amid macroeconomic fluctuations.
Market Liquidity and Volatility
Despite the positive trends, market liquidity for Bitcoin has been notably drained, according to Dr. Kirill Kretov, lead strategist at CoinPanel. A significant portion of Bitcoin liquidity has been withdrawn from actively transacting addresses since November 2024, leading to a thinner market that is susceptible to volatility.
Kretov warned that sharp price swings of 10% in either direction could become the norm as large players continue to influence market dynamics. This volatility underscores the need for cautious trading strategies in the current environment.
Future Price Predictions
Looking ahead, analysts are optimistic about Bitcoin’s trajectory. John Glover, chief investment officer of crypto lender Ledn, believes that Bitcoin is in the early stages of a new bullish phase, potentially leading to a price target of $133,000 to $136,000 by the end of 2025 or early 2026.
Glover’s analysis, based on Elliott Wave theory, suggests that Bitcoin’s price movements are driven by collective investor psychology, which typically follows predictable patterns. While a retest of this month’s low at $75,000 cannot be ruled out, the overall sentiment remains bullish as Bitcoin continues to gain traction in the market.
In conclusion, Bitcoin’s recent performance, bolstered by significant ETF inflows and a decoupling from traditional assets, positions it for potential record highs in the near future. Investors are closely monitoring market dynamics as they navigate this evolving landscape.
