Crypto
Bitcoin win rate vs. S&P 500 recovers as post-midterm history favors stocks
Bitcoin outperformed the S&P 500 in half of the past 90 US trading sessions, while historical midterm data highlights gains for stocks.
Cointelegraph•
Bitcoin outperformed the S&P 500 in half of the past 90 US trading sessions, while historical midterm data highlights gains for stocks.
Bitcoin (BTC) has outperformed the S&P 500 in half of US trading sessions over Glassnode’s latest measurement period, ending a prolonged stretch of losing more sessions than it won.
Data from onchain analytics platform Glassnode shows that Bitcoin outperformed the S&P 500 in 50% of Wall Street trading sessions over a rolling 90-session period.
Glassnode added that Bitcoin’s average per-session gains were also “slightly higher” than those of the S&P 500.