Michael Saylor Highlights Bitcoin Supremacy Over S&P 500

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MicroStrategy's Michael Saylor lauds Bitcoin’s decoupling from the S&P 500 amid pro-crypto election sentiments. Is BTC the next potential new safe-haven asset?


HIGHLIGHTS

Michael Saylor highlights Bitcoin's robust return as compared to the S&P 500, Nasdaq, gold, and others.

Bitcoin breaks correlation with the S&P 500 ahead of the crypto-focused upcoming U.S. election.

Bitcoin returned gains of 55% in the last four years, as compared to only 13% gains in the U.S. stocks.


The recent surge in Bitcoin price has left investors closely watching its performance as it decouples from traditional markets. For context, as the U.S. heads toward the upcoming crypto-focused election, the flagship asset appears to have found independence from the S&P 500 and is making waves.


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