Bitcoin has ended its longest period of underperformance against the S&P 500 and is positioned to beat traditional assets amid persistent inflation pressures.
Mark Connors, chief investment officer at Risk Dimensions and former global head of portfolio management at Credit Suisse, said bitcoin recently broke out of a 142-day stretch of lagging the S&P 500 that ended in early May. He described the shift as moving from a consolidation phase into one of outperformance versus equities and fixed income.
