Analyst warns Bitcoin is quietly losing to stocks

Bitcoin is losing the war against traditional stocks. While the S&P 500 has climbed 25% over the last year, Bitcoin has crashed nearly 40%. It is now down 60% relative to the S&P 500 from its peak. To actually match its previous strength against the index, Bitcoin would need to be at $148,000 right now—more than double its current value. The "store of value" narrative is crumbling as equities dominate. Is Bitcoin still a superior asset, or is it just a failing hedge?
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