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Bitcoin outperforms 97% of all S&P 500 companies in 2023

Mar 22, 2023 · 1 min read · 141 points
Bitcoin outperforms 97% of all S&P 500 companies in 2023
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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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