# **Compared to Bitcoin, the Value of the S&P 500 Continues to Decrease Every Year**

Bitcoin and the S&P 500 often show a dynamic relationship, especially amidst global economic uncertainty. According to Inflation Chart data, Tuesday (11/02), in 2010 when Bitcoin was still priced at US$0.10, the value of the S&P 500 was much higher, 11,500 times higher, at a price of US$1,100.

However, a year later, the price of Bitcoin soared to US$16. This means that Bitcoin shot up and caught up with the index, where 82 BTC at that time was equivalent to the S&P 500, which was worth US$1,300. In fact, in 2013, when the S&P 500 soared to US$1,700, it was only equivalent to 12 BTC.

This significant upward trend in Bitcoin was able to dwarf the value of the index consisting of shares of the 500 companies with the largest capital in the United States.

During the COVID-19 pandemic, the index value was already far below Bitcoin, because the S&P 500 was valued at US$4,200 at that time, while Bitcoin was US$57,700.

Previously, it was known that the point of equality of value between the two occurred in 2017, when the prices of the S&P 500 and Bitcoin were both in the range of US$2,500. However, now, there is a wider gap between the two.

Moreover, in the last 24 hours, the S&P 500 futures fell 0.2% to US$6,069, while the price of Bitcoin rose 0.7% to US$$BTC