Bitcoin's Year-to-Date Gain Surpasses S&P 500, Up Over 4% This Year
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During market turbulence, Bitcoin has outperformed the stock market. This year, Bitcoin has increased by over 4%, while the S&P 500 index has fallen by about 3% over the same period. Notably, since then, Bitcoin has risen by approximately 12%, whereas the S&P 500 index has shown little change. Among mainstream cryptocurrencies, XRP has also outperformed the market, growing by 6% this year. In contrast, Ethereum,
Solana, and
Cardano have all experienced double-digit declines. As of this morning, Bitcoin is quoted at $94,691, down 1.1% in the past 24 hours.
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