Bitcoin Struts Past Gold & S&P 500 With 58.8% Gains—Are You Missing the Greatest Show on Wall Street?

by
  • Bitcoin, darling, seems to have shunned the U.S. bond market with all the grace of an heiress avoiding tap water. Investors are now treating it as a sparkling vault for their treasures—how terribly modern! 🥂
  • Floods of liquidity are pouring into Bitcoin, leaving the S&P 500 and gold looking rather forlorn at the punch bowl. Old habits, it seems, are being traded for flashier trysts.

Bitcoin [BTC], that glamorous enfant terrible of the financial world, has not only made itself comfortable above $100,000, but is now rubbing shoulders with the likes of Facebook and silver at Soho House. Its latest market cap waltzed past $2.09 trillion, securing it a VIP booth as the seventh richest asset globally. Oh, how the mighty Web2 have fallen—move over, Meta! 🕺

Recent soothsaying suggests that this digital darling is hoovering up investor liquidity like an over-caffeinated Dowager Countess at a champagne brunch. Capital is being flung its way from far less fashionable markets. Why, you ask with arched eyebrow? Well, do settle in.

BTC and U.S. Bonds: A Scandalous Decoupling

CryptoQuant’s latest epistle reports a spectacular break-up: Bitcoin has cut its emotional ties with U.S. bond yields. Once, whenever yields rose, Bitcoin would sink into melancholic decline, and vice versa. Now? They’re rising together. Scandalous! Next thing you know, tulip bulbs will be back in vogue.

Financial types are gushing that Bitcoin is morphing into a store of value, offering chic refuge during bouts of “quantitative tightening”—which is just central bank speak for making life less fun.

Bitcoin Gives Gold and S&P 500 an Elegant Drubbing

The team at AMBCrypto, clutching their monocles, ran the numbers: Bitcoin’s return this year is a swoon-worthy 58.8%, easily eclipsing gold’s tired 46.7% and the S&P 500’s paltry 11.5%. Not bad for a digital asset, especially when gold is still the old guard with a $23.185 trillion reputation to uphold.

Clearly, the institutions have put away their slide rules and decided Bitcoin is where the party’s at. CoinGlass data shows Bitcoin spot ETFs toasted a $1.37 billion inflow last week—roughly $274 million per day, as if they’re scattering cash like wedding confetti. 💸

This endless parade only suggests one thing: the champagne’s still flowing and everyone’s elbowing their way into Bitcoin’s private garden party.

America—Now Playing: Bitcoin’s Fairy Godmother

Bitcoin’s reserves on exchanges have dwindled to a mere 2.49 million coins. Scarcity this dramatic is practically begging for a Sotheby’s auctioneer. The laws of supply and demand, impeccably dressed for the occasion, hint ever up and onward for price and demand.

Now, the real intrigue: U.S. and Korean investors are the loudest in this opera, their appetite measured by ever-buoyant premium indexes. As of curtain call, both U.S. and Korean Bitcoin premiums are in the green, signalling fresh suites of eager attendees lining up for the afterparty.

Should these premiums balloon further, you may expect even more dramatic entrances from these investor groups—tiaras optional, but encouraged.

The Coinbase Premium Index—a bellwether with a flair for melodrama—remains one to watch. Whenever it surges on a Monday, you know someone’s blown their trust fund on Bitcoin over the weekend, and the asset’s price is off to the races again.

Read More

2025-06-16 05:16