📊 Major Asset Classes Performance In April
As shown in the chart, Bitcoin outperformed both Gold and the S&P 500 in April, despite a significant decline at the beginning of the month.
The correlation between #BTC and the S&P 500 remains strong. In fact, the S&P 500 only slightly outpaced Bitcoin, suggesting that BTC closely tracks the index’s dynamics.
The takeaway is clear and optimistic: Bitcoin mirrors the S&P 500’s movements, but with higher alpha.
* This article was originally published here
