Bitcoin vs Gold vs Stock Market: Bitcoin price prediction: World’s top Cryptocurrency is beating Gold, US stock market’s S&P 500, Nasdaq
Bitcoin price has managed to outperform US stock markets and gold, as per a report.The world’s top and original cryptocurrency is now a whisker away from the $100,000 mark last seen three months ago, after a 15 per cent rise in April alone. By comparison, the S&P 500 slipped around 0.8 per cent in April, the tech-focused Nasdaq Composite eked out 0.8 per cent gains last month, while the U.S. dollar index fell over 4 per cent, Reuters reported quoting VanEck data.
Bitcoin has even outperformed gold’s 11 per cent rise since April 2, despite the safe-haven metal’s surge to record highs. Measures of bitcoin’s expected volatility have dropped to 18-month lows, as per Block Scholes.
Bitcoin Price Outlook for 2025
Bitcoin is up 33 per cent from…
