Bitcoin ROI 'Close' to Tesla, Nvidia
The broader equity market has been underperforming of late. A recent Analysis by Barchart revealed that the S&P 500 market breadth recently fell to its lowest level since June 1. At the moment, only 43% of companies listed on the SPX are trading above their 200-day moving averages. Source: Barchart Also Read: 95% of NFTs Have a Market Cap of 0 Ether In fact, the benchmark U.S. equity index also scripted another bearish record a few hours ago. Over the past 103 days, the SPX has not registered a decline of more than 1.5%. However, on Thursday, Sept. 22, it closed 1.64% lower, breaking the streak. Nevertheless, Barchart pointed out that its record of not declining more than 2% still remains intact. In fact, it just hit 147 straight days, the longest stretch of time since February 2018. Source: Barchart Also Read: 97.5% of New Bitcoin Investors Are at a Loss Crypto vs. Equities Bitcoin is in the midst of one of its most rough bear markets. From its all-time high pri...