Bitcoin outperforms both gold and the S&P 500 last month.
A 3% BTC allocation beat cash and money market funds since 2020.
Analysts believe Bitcoin will become one of the strongest financial assets of all time.
Bitcoin continues to show its superior prowess in the asset industries as the pioneer cryptocurrency beats several traditional financial assets. To highlight, Bitcoin outperformed both gold and the S&P 500 last month. Meanwhile, a mere 3% of Bitcoin allocation has beat cash and money market funds since 2020. This incredible performance showcases Bitcoin’s great investment potential across all competing traditional financial options.
Bitcoin Outperforms Both Gold and the S&P 500
When it comes to financial investments, gold and the S&P 500 are some of the top examples of the most trusted assets to invest in. These options stand as fail-safe assets to put one’s investments in with very low risk of losses. Over the past few decades, both gold and the S&P 500 have increased exponentially in price and have continuously set new ATH price records despite market fluctuations.
Amid every dip and market crash, gold in particular has outperformed the markets. However, the same progress that gold made throughout decades of steady price rises, Bitcoin accomplished in a much shorter time, earning it the title of digital gold. So powerful has Bitcoin’s rally been that reputed financial experts and economic leaders believe that Bitcoin will outperform gold in the coming years ahead, possibly by 10 or 100 times, as put by Strategy CEO Michael Saylor.
Meanwhile, despite the S&P 500’s top performance, some economic leaders like Robert Kiyosaki, author of Rich Dad, Poor Dad, believe the time for stocks and cash is over. Instead, he expects a much greater depression to hit the US economy and urges investors and regular folk to put their value in gold, silver, and Bitcoin (BTC) over cash or stocks. He even glosses over equities and real estate and marks gold, silver, and Bitcoin to be the only real assets worth investing in.
https://twitter.com/Cointelegraph/status/1919774404361519137
As we can see from the post above, Bitcoin (BTC) has already begun to meet these expectations. In detail, specifically last month, the performance of Bitcoin (BTC), the pioneer cryptocurrency, has outperformed both gold and the S&P 500. This, paired with the fact that Bitcoin Dominance is at its highest since the last 4 years, points to a high possibility that the price of Bitcoin could hit much higher highs soon.
3% BTC Allocation Beats Cash and Money Market Funds Since 2020
https://twitter.com/Cointelegraph/status/1919897592076378510
Meanwhile, another post highlights how a 3% Bitcoin allocation has outperformed both cash and money markets since 2020, showing Bitcoin’s unstoppable takeover of the financial markets. Responses to the post show more adoption and support coming for Bitcoin. This marks growing bullish sentiment for BTC price to hit much higher highs in the coming months ahead.
