According to CryptoDnes, Bitcoin has significantly outperformed major financial assets in 2024, achieving a 138.6% year-to-date gain. This surpasses gold's 25.7% rise and the S&P 500's 25.3% increase. Bloomberg strategist Mike McGlone suggests Bitcoin could become a top commodity benchmark by 2025. The cryptocurrency's rise is attributed to corporate adoption, with companies like MicroStrategy and Metaplanet adding Bitcoin to their reserves. Additionally, MARA Holdings made a notable purchase of 15,574 BTC, valued at $1.53 billion. As interest in Bitcoin grows across the U.S., Japan, and the EU, its role as a reserve currency may expand, potentially solidifying its position in the global financial system by 2025.
Bitcoin Outperforms Gold and Stocks with 138.6% Gain in 2024
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