📉 #BTC #Bitcoin Drops Over 16% in a Month While S&P 500 #Gains 5%


Charles Schwab’s Jim Ferraioli stated that Bitcoin’s recent underperformance is primarily due to bitcoin:native losing its momentum-trade appeal rather than Strategy’s small bitcoin:native sale. Over the past month, bitcoin:native has fallen more than 16%, while the S&P 500 has gained about 5%, as capital shifts towards AI, gold, commodities, hot IPOs, and other high-momentum assets. #crypto
BTC-4.46%
XAUUSD0.74%
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