After Slump, Bitcoin Now Trails S&P 500, Nasdaq 100, Gold Over Five Years
The data is especially stark given Bitcoin’s history of big swings and outlier rallies.
Photographer: Lam Yik/BloombergBitcoin is no longer beating the big asset classes.
Once pitched as “digital gold” and a higher-octane counterpart to the Nasdaq and S&P 500, the world’s largest cryptocurrency now lags all three over the past five years after its recent ferocious rout.