Bitcoin (BTC) has recorded better results than nearly 100% of the S&P 500 companies during the third month of 2023.
Highlights
- Bitcoin (BTC) has recorded better results than nearly 100% of the 500 leading publicly traded companies in the U.S.
- during the third month of 2023.
- The flagship cryptocurrency registered better year-to-date returns than 488 or 97.6% of S&P 500 companies, including FedEx (NYSE: FDX), Apple (NASDAQ: AAPL), and Amazon (NASdaq: AMZN) Since March 10, the price of Bitcoin has increased by 37.06% and over 72% since the year’s turn.
- Bitcoin has outperformed commodities in 2023, particularly gold, “the top-performing old-guard commodity,” almost 10-fold.
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