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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.



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