While the world of finance can’t look past the recent year-to-date returns of Bitcoin and other cryptocurrencies, it’s the S&P 500 that has everyone glued to their seats.
The S&P 500 is at the most-watched trend line in global markets and the outcome could ultimately give BTC a major boost. Here’s why.
How The S&P 500 Could Give Bitcoin A Boost
For nearly the last 100 years, the S&P 500 has been the most prominent stock market index, tracking the performance of 500 of the largest US companies. It is the benchmark used to compare the performance of individual stocks.