ETF Expert Suggests Bitcoin’s Resilience Renders Tulip Mania Comparisons Obsolete
The post ETF Expert Suggests Bitcoin’s Resilience Renders Tulip Mania Comparisons Obsolete appeared on BitcoinEthereumNews.com.
Bitcoin’s 17-year history of resilience and multiple market recoveries sets it apart from the short-lived tulip mania bubble, according to ETF expert Eric Balchunas. Unlike tulips, which collapsed after three years, Bitcoin has rebounded from numerous downturns to achieve new highs, making the comparison outdated. Bitcoin’s endurance: Survived over 17 years and multiple economic shocks, unlike tulips’ brief three-year frenzy. Resilience demonstrated through repeated recoveries from significant sell-offs, reaching all-time highs each time. Current performance: Up 250% over the past three years despite 2025’s fluctuations, per Bloomberg data. Discover why Bitcoin tulip mania comparisons fall short: Explore ETF expert Eric Balchunas’ insights on BTC’s proven track record. Learn the facts and decide for yourself today. (148 characters) What Makes Bitcoin Different from the Tulip Mania Bubble? Bitcoin stands apart from the historical tulip mania due to its prolonged existence and ability to withstand repeated market challenges. ETF expert Eric Balchunas from Bloomberg emphasizes that while tulips experienced a rapid rise and fall within three years, Bitcoin has endured for 17 years, recovering from at least six to seven major downturns to hit new all-time highs. This resilience underscores a fundamental difference in asset durability and investor confidence. How Did the Tulip Mania Unfold and Why Is It Irrelevant to Bitcoin? The Dutch tulip mania, occurring during the 17th-century Dutch Golden Age, involved speculative trading in tulip bulbs imported from Turkey, which became luxury items among affluent merchants. Starting in 1634, prices escalated dramatically, peaking in 1636 when rare bulbs fetched prices exceeding Amsterdam houses. By early 1637, the market crashed, with values dropping over 90% in weeks, marking one of history’s earliest documented bubbles. Eric Balchunas highlights this brevity as a key flaw in comparisons to Bitcoin: “The tulip market rose and collapsed in around three years, punched once in…
