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- 😩 Why Is Bitcoin Stuck?
😩 Why Is Bitcoin Stuck?
It has outperformed the S&P 500
Ivan
September 04, 2025
Happy Thursday!
Bitcoin remains stuck below $111,000 even though profitability for short-term holders has improved: why is bullish momentum stalling?
The S&P 500, gold, real estate…none of them can compare to Bitcoin when we look at real returns over the past decade: why is that?
Plus, inflation reports and Fed expectations are front and center next week, and they could send waves through markets. Join Chief Market Strategist Matt Maley this Sunday at 1 p.m. ET as he goes live to show how he’s preparing to trade the volatility.
TOP STORY
Bitcoin profitability has rebounded from recent lows, but current levels are not strong enough to confirm renewed momentum, according to fresh Glassnode analysis.
The cryptocurrency is trading near $111,000, consolidating within the $104,000–$116,000 range after heavy absorption by investors.
Data shows that short-term holder profitability, which had fallen to just 42% during the selloff, has recovered to around 60%.
“This bounce leaves the market neutral but fragile, with confirmation of renewed momentum only if price reclaims $114k–$116k," Glassnode noted.
When could that happen?
SPECIAL OFFER
Inflation reports and Fed expectations are front and center next week, and they could send waves through stocks, bonds and metals. This Sunday at 1 p.m. ET, Chief Market Strategist Matt Maley goes live to show how he’s preparing to trade the volatility and where he sees fast-moving setups forming. If you want a plan before the headlines hit, start here.
QUICK N DIRTY
Bitcoin, Ethereum, Dogecoin, XRP are in a holding pattern as the markets await crucial labor market data on Friday: here’s what’s driving the market today.
Ethereum has been a favorite of this congressman, who has bought it four times this year — who is it?
Bitcoin has mostly consolidated over the recent weeks, but could soon face a bout of volatility following important macro data: here’s what you need to look out for.
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FINTECH FOCUS
Bitcoin has outperformed other asset classes over the past decade, though market commentators highlighted its significantly higher volatility.
In a post on X on Sep. 1, macro investor Krueger compared the nominal and inflation-adjusted returns of Bitcoin from 2014–2024 to those of the S&P 500, Nasdaq, gold, U.S. real estate and 10-year Treasury bonds.
Using assumptions of 7% “true” inflation and a 20% capital gains tax, Bitcoin’s 46% real return dwarfed that of its competitors: Nasdaq: +4%, S&P 500: +2%, Gold: +0.5%, U.S. real estate: –1% and 10-year Treasury: –4%.
Krueger advised investors to “pick the right weapon,” arguing Bitcoin has been the clear winner.
Why is that?
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