S&P 5007,675.92▼0.4% Nasdaq26,749.30▼0.7% Dow51,245.74▼0.5% Russell 2K2,826.40▼0.4% 10-Yr5.12%+1bp VIX15.69+0.51 WTI$95.27▲3.4% Gold$4,292.50▼0.6% EUR/USD1.138▼0.6% BTC$84,310▼0.1% Nikkei65,514▲0.8%
At close · Thu, Sep 24, 2026
Daily Market Updates.

Crypto

Home›Crypto›Bitcoin›Bitcoin fell about 40% from Inauguration Day levels, d…

Bitcoin fell about 40% from Inauguration Day levels, despite policy push

A hypothetical $1,000 BTC investment opened near $102,000 per coin on Jan. 20, 2025 and is shown at about $607 today, while gold over the same period gained about 22%.

A hypothetical $1,000 invested in Bitcoin on Inauguration Day, Jan. 20, 2025, when BTC opened at about $102,000, would have bought roughly 0.0098 BTC, according to TheStreet via Yahoo Finance. With Bitcoin trading near $62,000 at the time of writing, that position is shown at about $607, a loss of 40%.

TheStreet frames the decline as notable given the Trump administration's crypto-facing actions, including signing the GENIUS Act and an executive order establishing a Strategic Bitcoin Reserve, which it says was formalized in March 2025 and halted government Bitcoin sales. It argues that, even with that policy tailwind, Bitcoin still fell as a result of broader forces such as a global liquidity squeeze, a hawkish Fed, and unwinds of overleveraged positions.

Over the same period, the outlet says gold gained, with gold trading at about $2,697 per ounce on Jan. 20, 2025. A $1,000 allocation would have bought about 0.371 ounces, and with gold at around $3,300, that stake is shown at about $1,224, up 22%, supported in part by tariff wars, US-Iran military strikes, persistent inflation, and rate pressure that kept gold attracting risk-off flows.

Latest closeGold $4,292.50 ▼0.6%|Bitcoin $84,310.25 ▼0.1%

More like this

Sources

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.