How Bitcoin Has Performed Compared To Top Stocks
Bitcoin has grown to become one of the preferred investment options in recent times. Its popularity among investors can be credited to the returns the asset has brought in its decade of existence. It is one of the few assets that has consistently served as a hedge against inflation while bringing massive gains to its holders. Seeing these gains, more investors have wanted a bigger slice of the pie. Up until 2009 though, bitcoin was not an investment option for anyone. Even then, it was still widely unknown to the general market. Stocks were at the forefront of investing minds at that point....
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First Global Credit, in its latest released as mentioned few conventional assets that outperformed Bitcoin in 2016. Bitcoin has been labelled as the best performing asset of 2016 by many leading business media outlets. The performance of Bitcoin during the year was impressive, registering a 200 percent growth since day one. But, a handful of stocks seems to have done much better than Bitcoin and yet gone unnoticed. One of the well-known cryptocurrency margin trading platforms, First Global Credit has released a list of conventional stocks that performed well on its platform. The list has....
Lead anchor Oliver Renick, at the end of his six-minute-long market wrapup, claimed that investors are more interested in owning Bitcoin than the equities. He said the cryptocurrency has "a lot to go" since it is the only asset that performed bullish on the positive US stimulus news on Wednesday.
BTC is up almost 50% this year overall, brushing aside corrections and increasingly decoupling from the macro environment in Q4. Bitcoin (BTC) is officially the best-performing asset of 2021, data now confirms. As October delivers 15% gains in five days, BTC firmly outperforms macro assets worldwide to seal year-to-date returns of just under 50%.Bitcoin hodlers up 49% year-to-dateDespite Bitcoin’s wild ride throughout the year, downside has failed to grip the market, with a 60% retracement from highs in May now all but cancelled out.The largest cryptocurrency is thus at least 13% ahead of....
Companies that have made big Bitcoin investments have performed 3X better on average. Wall Street banking giant Goldman Sachs has identified an emerging cluster of crypto-related stocks that are performing much better than the index itself.In a note to investors on Tuesday, April 27, analysts at the investment bank highlighted 19 U.S. stocks that had a market capitalization of more than $1 billion and close ties to the cryptocurrency and blockchain industry.Goldman’s investment gurus stated that many of these stocks have “dramatically outperformed” the broader stock market, with the firms....
Investment bank Goldman Sachs has compiled a list of 19 large-cap stocks with cryptocurrency exposure that have massively outperformed the S&P 500. “On average, these stocks have dramatically outperformed the S&P 500 during the last several months alongside the surge in the price of bitcoin,” the firm wrote. 19 Stocks With Crypto Exposure That Outperformed S&P500 Goldman Sachs released a research note last week listing 19 large-cap U.S. stocks with blockchain and cryptocurrency exposure that outperformed the S&P 500. Ben Snider, the bank’s strategist and managing....