Bitcoin Becomes the Best-Performing Asset Class in Q1, 2023

Bitcoin has emerged as the top-performing asset class in Q1 2023, with gains of about 70%, making it the digital currency’s best quarter since Q1 2021. This outperformed big names like the S&P 500, Nasdaq 100, and iShares Core U.S. Aggregate Bond ETF. Bitcoin's gains have also surpassed those of gold and silver in the first three months of 2023.

(By Paul L.)

Bitcoin $61,911.62

-3.55%

Bitcoin BTC

Original Link

Comments

All Comments

Recommended for you

Cointime精选 ·

Bitcoin Valuation by Savings Adoption

A mid-term approach to price modelling Bitcoin is something entirely new, something never before observed. Because of this, many of the trusted tools in our financial toolkits might simply not do a very good job of modelling its performance, and it’s causing apprehension among analysts who are used to deploying certain modelling tools to make sense of asset pricing.
cointelegraph ·

Bitcoin dominance hits 3-year high as BTC price dip pressures altcoins

Bitcoin scores an accidental multi-year high as BTC price volatility sends altcoins shooting lower.
Cointime April 23th News Express

1. EigenLayer: Deposit limits for all LST tokens will be removed on April 16
Arthur Hayes ·

Heatwave

The Bitcoin block reward is forecast to halve on April 20th. This is seen as a bullish catalyst for crypto markets. I agree that it will pump prices in the medium term; however, the price action directly before and after could be negative. The narrative of the halving being positive for crypto prices is well entrenched. When most market participants agree on a certain outcome, the opposite usually occurs. That is why I believe Bitcoin and crypto prices in general will slump around the halving.
Cointime April 5th News Express

1.Mystiko.Network Community Sale Completed, Total $11.25 Million in XZK Sold2.Solana Co-founder Responds to the Sharp Increase in Transaction Failure Rates: Patch Coming Soon3.Ethena USDe market value exceeds 2 billion US dollars, setting a new record4.Du Jun, Executive Director and CEO of Xinhuo & Founder of ABCDE: Xinhuo Technology and ABCDE will invest 100 million US dollars to support blockchain companies that promote social development 5.QCP Capital: Bitcoin is expected to return to $70,000 this week, while Ethereum continues to be weak6.bitSmiley Labs officially launches its independent ecosystem plan, bitUniverse, and reveals its OG pass bitDisc-Black Upgraded Priviledges 7.Avalanche Foundation launches ice-breaking plan, focusing on LST track in the first phase and funding 500,000 AVAX 8.SuperRare Expands into Bitcoin Ordinals with Killer Acid's Psychedelic Art Collection 9.A dormant whale address for 8 months deposited 1,100 BTC into Binance10.Meme exchange DerpDEX.com completes multi-million dollar strategic investment, with participation from ABO Digital and others
cointelegraph ·

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
cointelegraph ·

ZachXBT won’t assist after memecoin devs throw tokenholders under the bus

“Together, let’s stand against harassment and prioritize mental health in all aspects of our lives,” wrote Complex’s developers as they shut down the memecoin project.
cointelegraph ·

Binance ends support for Bitcoin Ordinals

Binance NFT marketplace will cease supporting trades and deposits of Bitcoin Ordinals on April 18.
Cointime精选 ·

The Fall of Anti-Bitcoin

As I’ve said many times before. Everyone and every nation will eventually capitulate to Bitcoin. The latest nation to capitulate is Great Britain, whose army of anti-Bitcoin propagandists has just received orders from The Motherland that Bitcoin is to be fully embraced.
cointelegraph ·

Sphere 3D’s legal issues escalate as Gryphon seeks to block $10M

Gryphon Digital Mining is seeking to block Sphere 3D from using $10 million from a recent settlement with Core Scientific.