Bitcoin has outperformed gold and bonds with a 51% yearly gain, reaching $66,000
From Investing.com
September 28, 2024 07:30 AM:
Bitcoin has outperformed gold and bonds with a 51% yearly gain, surpassing top stocks like Amazon and Microsoft. Michael Saylor highlights Bitcoin’s success, declaring “Bitcoin is winning.”
Bitcoin surged over 5% to reclaim $66,000, driven by the Fed’s interest rate cut, China’s Central Bank announcement, and BlackRock’s massive Bitcoin purchase. The spot Bitcoin ETF IBIT received $388.19 million in inflows in the past four days.
Read more at Investing.com: ‘Bitcoin Winning,’ Michael Saylor Tweets as BTC Leaves Gold and Bonds in Dust By U.Today