Glassnode: Bitcoin Underperforms the S&P 500 on Two-Thirds of Trading Days
2026-08-18 18:46:47
According to CoinMeta, as reported by Glassnode, Bitcoin has underperformed the S&P 500 on two-thirds of trading days. However, when Bitcoin outperforms the S&P 500, its excess returns (the green portion) are significantly larger. It is worth noting that these excess returns have been gradually declining over the past few years.
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