Here’s how much Bitcoin beat the Dow and S&P 500 in the first quarter

Bitcoin fell less than the major US stock indices in the first quarter, but it has not yet been proven that it can act as a “safe haven” in times of market turmoil.

Cryptocurrency fell more than 10% in the first three months of the year.
However, the Dow secured its worst performance, losing more than 23% of its value in the first quarter of 2020, the Nasdaq fell by more than 14%, and the S&P 500 posted a negative 20%, the biggest quarterly loss since 2008 onwards.

Meanwhile, gold rose about 4% in the first quarter.

Read more:
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance