Bitcoin Outperforms S&P 500 Despite Potential Market Risks
- Bitcoin has outperformed the S&P 500 year-to-date.
- The S&P 500 saw an almost 10% decline as of April 23.
- Bloomberg forecasts a potential 30% drawdown in the US stock market during a recession.
- Bitcoin and gold both increased by approximately 42% over one year to April 23.
Bitcoin’s performance surpassing the S&P 500 is notable, with both Bitcoin and gold rising about 42% over the past year, despite concerns of potential market downturns.
Source (2.6)https://dailyhodl.com/2025/04/24/bitcoin-outperforming-sp-500-year-to-date-is-an-accomplishment-says-bloomberg-analyst-but-theres-a-catch/?rand=59076
