Stocks and bonds are beating Bitcoin, sparking fears of a crypto slowdown
Bitcoin’s (BTC) robust start to 2024 has hit turbulence, raising concerns about a potential slowdown in the crypto currency market. After reaching an all-time high of $74,000 earlier this year, driven by the approval of spot Bitcoin exchange-traded funds (ETFs), Bitcoin’s performance in the second quarter has been underwhelming, particularly following the recent Bitcoin halving event. In the second quarter, traditional asset classes such as stocks and bonds have delivered better returns than Bitcoin. According to Bloomberg , global equities, fixed income, and commodities have all outperformed Bitcoin, which has dropped about 5%. Picks for you R. Kiyosaki shares why he became 'frustrated' when pushing Bitcoin adoption 1 hour ago ...