Bitcoin (BTC) is experiencing one of its most significant rallies of 2026. BTC briefly reclaimed the $79,000 price level, but has since dipped to the $77,900 mark. CoinGecko data shows that BTC has rallied 8.8% in the last 24 hours and nearly 24% in the last week. In fact, Bitcoin (BTC) has outperformed the US stock market by a huge margin within just a few days. Let’s discuss why BTC is up right now and if you should consider buying the asset.
Why Is Bitcoin Beating The Stock Market?
Bitcoin’s (BTC) latest price rally comes on the heels of President Donald Trump hosting a crypto event in the White House. The event saw attendance of CEOs and founders of several cryptocurrency platforms and companies. At the event, President Trump stated that the US is considering the purchase of a large amount of Bitcoin (BTC) and other cryptocurrencies. The statement has likely led to a massive surge in investor sentiment.
Bitcoin’s (BTC) price skyrocketed after President Trump’s White House cryptocurrency event. BTC has risen by more 20% in the last week. The S&P 500, in contrast, has historically risen by about 10% every year. The original cryptocurrency has erased 3 months of losses in just 5 days.
Risks To Know Before You Buy
Bitcoin’s (BTC) latest rally was triggered by President Trump’s announcement. While the market seems bullish right now, there may be some challenges in the coming weeks. If Trump’s plan for the US buying a large number of Bitcoin (BTC) and other cryptocurrencies does not follow through, investor sentiment may dip.
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Moreover, inflation in the US is still well over the Federal Reserve’s 2% target. If inflation does not cool, we may see a hike in interest rates. Higher rates may lead to investors pulling their funds from high-risk assets, such as Bitcoin (BTC). BTC could face a correction under such circumstances.
