Bitcoin’s stunning quick exit from its “crypto winter” has as soon as once more put the notoriously risky digital forex atop the leader-board within the first quarter for being the best-performing asset class by a large margin.
With a roughly 70% achieve, Bitcoin is closing out its greatest quarter because the three months ended March 2021, when it surged some 103%, Bloomberg knowledge present. That vastly outstrips the S&P 500’s 5.5% year-to-date advance, the Nasdaq 100’s 19% uptick and the iShares 20+ Year Treasury Bond ETF’s 5.3% leap.