๐ Bitcoin Outperforms Nasdaq by 73%! ๐
Matrixportโs latest report reveals that Bitcoin has outpaced the Nasdaq Index by a whopping 73% over the past two years! ๐ This stellar performance highlights Bitcoin's growing reputation as a strategic investment, offering diversification and risk mitigation.
Interestingly, Bitcoin's correlation with the Nasdaq is now just 9%, meaning its performance is largely independent. This makes Bitcoin a unique asset in your portfolio, not moving in tandem with traditional tech stocks.
Despite recent market corrections, Bitcoin is trading at $66,350. Market analysts attribute this to factors like Mt. Gox repayments, but most creditors are holding onto their BTC.
MicroStrategyโs Michael Saylor is bullish, predicting Bitcoin could hit $13 million by 2045! With 226,331 BTC in their treasury, MicroStrategy is leading the charge in Bitcoin adoption.
Stay tuned, Bitcoin enthusiasts! ๐