Bitcoin in S&P 500 Terms Shows a Poor Performer Bitcoin divided by 10 first crossed paths with the S&P 500 (SPX) in 2021, and the crypto is roughly the same price as beta now, despite trading about 3x the volatility. High correlation, risk and poor performance are the definition of a dud asset by the rules of risk and portfolio management. Full report on the Bloomberg here: https://t.co/ReQJGjqOIG {BI COMD} #Bitcoin #stockmarket @BBGIntelligence
Mike McGloneShare
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