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Bitcoin Outperforms S&P 500 Amid Market Panic, Says Real Visions Jamie Coutts

Bitcoin Outperforms S&P 500 Amid Market Panic, Says Real Visions Jamie Coutts
© Copyright Image: Coindoo

In a post on X, Coutts highlighted that Bitcoins recent correction has been smaller than the S&P 500s despite BTC being more than twice as volatile.

BTC with 2.5x the volatility of the S&P 500 experienced a drawdown of 28% vs. the S&P 500s 19%. That is a massive OUTPERFORMANCE, Coutts wrote.

He added that this kind of performance underlines Bitcoins evolving role as a hedge against fiat instability and a stronger store of value in times of macroeconomic distress.

Bitcoin vs. Traditional Markets: A Paradigm Shift?

Coutts suggested that while most risk assets are suffering sharp declines, Bitcoins relative strength signals a deeper shift in how investors view the digital asset:

What is happening right now is epic. Things are breaking this time it will be nation states.
He believes that Bitcoin could soon take on a more central role in the global financial system, potentially becoming a settlement layer or even a collateral asset in future monetary systems.

The post Bitcoin Outperforms S&P 500 Amid Market Panic, Says Real Visions Jamie Coutts appeared first on Coindoo.

Read more: https://coindoo.com/bitcoin-outperforms-sp-500-amid-market-panic-says-real-visions-jamie-coutts/

Text source: Coindoo

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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