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Take Tesla and Bitcoin, up 35% and 39%, respectively, since the day before Election Day, versus a 5% gain for the S&P 500 index. There’s a tidy narrative to explain each. President-elect Donald ...
Standard Chartered's Geoffrey Kendrick, has found a strong correlation between Bitcoin and the Nasdaq Composite.
But by 2022, it was hovering around $42,000 per bitcoin. Nakamoto’s creation had become “the ninth most valuable asset in the world, just below Tesla and above Meta,” writes Wallace.
Bitwise chief investment officer Matt Hougan says that corporate buying of Bitcoin (BTC) is most likely about to explode.
To illustrate this, Standard Chartered created a hypothetical index dubbed “Mag 7B,” which inserts Bitcoin into the popular “Magnificent 7” tech-stock basket while removing Tesla.
When compared to the "Magnificent Seven" tech stocks, bitcoin’s drawdown sits right in the middle, signaling its growing maturity as an asset. Tesla (TSLA) is currently the worst performer ...
Investors prepared for another week of developments on President Trump's fast-moving tariff policies and for the kickoff of ...
This new "Mag 7B" would swap out Tesla for bitcoin. The result? The Mag7B produced consistently higher risk-adjusted returns than the original group over the past seven years, reinforcing BTC's ...
Meanwhile, Tesla, which has lost 36% in the same period, is trading more like ether (down 38% since Jan. 20). “Investors can view bitcoin as both a hedge against [traditional finance] and as ...
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