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Bitcoin outperforms S&P 500 in 50% of US sessions, Glassnode reports

Bitcoin outperforms S&P 500 in 50% of US sessions, Glassnode reports

Photo: CoinTurk News

Bitcoin has matched and at times surpassed the performance of the S&P 500 in US trading sessions, according to the latest analysis from Glassnode. Data indicates that over the past 90 Wall Street sessions, Bitcoin recorded higher returns than the S&P 500 in exactly half of those sessions, signaling an end to a prolonged period during which Bitcoin trailed the major US equity benchmark. This marked a notable reversal for Bitcoin, as its session win rate had remained consistently below 50% for much of the previous year.

Source: CoinTurk News

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