Bitcoin Outpaces Gold and Stocks in April as Correlation With S\&P 500 Strengthens
The post Bitcoin Outpaces Gold and Stocks in April as Correlation With S\&P 500 Strengthens appeared on BitcoinEthereumNews.com. April was a crucial month for the major asset classes, and turbulent early-month trading saw Bitcoin emerge as the clear outperformer. Data from the past 30 days show that not only did Bitcoin bounce back strongly after a sharp drop in the first week of April, but by month’s end it had also dramatically outpaced both gold and the S dP 500. Bitcoin’s emergence as the top performer is another way of saying that it is developing into a high-beta asset—which means it swings a lot in price compared to other investments but offers potential for much greater upside. As an increasing number of investors begin to treat Bitcoin as a serious portfolio component rather than a speculative anomaly, its price behavior is starting to reflect something far more pedestrian: the generally positive or negative vibe coming from the broader economy. And the vibe from April’s data is anything but subtle. The correlation between Bitcoin and traditional equities—especially the S&P 500—is becoming much stronger. Indeed, in the realm of portfolio theory, Bitcoin is not so much the unusual equity it used to be thought of as, but more a potential risk factor common to a wide variety of assets. Major Asset Classes Performance In April As shown in the chart, Bitcoin outperformed both Gold and the S&P 500 in April, despite a significant decline at the beginning of the month. The correlation between #BTC and the S&P 500 remains strong. In fact, the S&P 500 only slightly… pic.twitter.com/f04pPY2AOQ — CryptoRank.io (@CryptoRank_io) May 6, 2025 A Volatile Start, a Strong Finish At the start of April, Bitcoin was under pressure. Price levels were moving lower due to profit-taking and the general risk-off sentiment proliferating across the financial markets. But this dip was short-lived. In the following weeks, Bitcoin staged a dramatic…
The post Bitcoin Outpaces Gold and Stocks in April as Correlation With S\&P 500 Strengthens appeared on BitcoinEthereumNews.com.
April was a crucial month for the major asset classes, and turbulent early-month trading saw Bitcoin emerge as the clear outperformer. Data from the past 30 days show that not only did Bitcoin bounce back strongly after a sharp drop in the first week of April, but by month’s end it had also dramatically outpaced both gold and the S dP 500. Bitcoin’s emergence as the top performer is another way of saying that it is developing into a high-beta asset—which means it swings a lot in price compared to other investments but offers potential for much greater upside. As an increasing number of investors begin to treat Bitcoin as a serious portfolio component rather than a speculative anomaly, its price behavior is starting to reflect something far more pedestrian: the generally positive or negative vibe coming from the broader economy. And the vibe from April’s data is anything but subtle. The correlation between Bitcoin and traditional equities—especially the S&P 500—is becoming much stronger. Indeed, in the realm of portfolio theory, Bitcoin is not so much the unusual equity it used to be thought of as, but more a potential risk factor common to a wide variety of assets. Major Asset Classes Performance In April As shown in the chart, Bitcoin outperformed both Gold and the S&P 500 in April, despite a significant decline at the beginning of the month. The correlation between #BTC and the S&P 500 remains strong. In fact, the S&P 500 only slightly… pic.twitter.com/f04pPY2AOQ — CryptoRank.io (@CryptoRank_io) May 6, 2025 A Volatile Start, a Strong Finish At the start of April, Bitcoin was under pressure. Price levels were moving lower due to profit-taking and the general risk-off sentiment proliferating across the financial markets. But this dip was short-lived. In the following weeks, Bitcoin staged a dramatic…
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