What BTC price slump? Bitcoin outperforms stocks and gold for 3rd year in a row -Breaking
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© Igor Faun (BTCWhile it may have fallen 30% on its 2016 record high of $69,000. However, BTC has been one of the top-performing assets in financial markets by 2021. BTC has bested the United States benchmark index the S&P 500 and gold.
Arcane Research Not noted in its new report that Bitcoin’s year-to-date performance came out to be nearly 73%. In comparison, the S&P 500 index surged 28%, and gold dropped by 7% in the same period, which marks the third consecutive year that Bitcoin has outperformed the two.
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