Bitcoin vs Stock Market
Benjamin Cowen
Comparison of Asset Classes
- Bitcoin has remained stronger than other asset classes
- It rose to $67,000 after the election and is now at $93,000
- In contrast, the S&P 500 has almost returned to its November level
- The Russell has given back all its post-election gains
Crypto Market Performance
- The all coin market is still higher than its November level
- This raises the question of whether crypto will follow the same drop as other assets or continue to hold up better