Since January 1, according to OnChainFX, the bitcoin price is up 37 percent year-to-date against the U.S. dollar, outperforming most indices including the S&P 500 and the Nasdaq 100. 2019 Returns…Oil $USO: +38%Bitcoin $BTC: +35%Nasdaq 100 $QQQ: +21%REITs $VNQ: +19%MLPs $AMLP: +18%Small Caps $IWM: +18%S&P 500 $SPY: +17%EM $EEM: +14%EAFE $EFA: +13%Commodities $DBC: +13%High Yield $HYG: +9%Investment Grade $LQD: +6%Bonds $AGG: +2%Gold $GLD: +0.5% — Charlie Bilello (@charliebilello) April 13, 2019 Despite its 80 percent drop from its all-time high in 2018, bitcoin has performed strongly in recent months, demonstrating newly gained momentum. In early 2017, bitcoin was valued at
The post Bitcoin Outperforms Nasdaq 100, S&P 500, Grows Whopping 37% in 2019 appeared first on CCN
source https://www.ccn.com/bitcoin-whopping-37-ytd-outperforms-sp-500-nasdaq-100
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