You Won’t Believe Which Investment Is Playing Catch-Up Again! 🤑

Markets

What to know:

  • The S&P 500 is on a rampage, hitting record highs like it’s got a backstage pass to the universe’s party – aiming to bust past 6,700 – meanwhile Bitcoin is chilling in the $110,000-$115,000 lounge like a moody teenager who forgot their homework.
  • Earlier in this bull cycle, the S&P 500 was the flashy lead actor stealing the show, but Bitcoin, like an understudy with serious attitude, eventually sashayed in and stole the spotlight.

Everyone’s been roasting Bitcoin for its wallflower performance compared to gold – that’s right, gold sashayed right past $3,800 per ounce, breaking records like it’s Oprah giving away prizes. “You get a record! You get a record! Everybody gets a record!” Meanwhile, Bitcoin’s stuck under $115,000 like it’s afraid of commitment.

And don’t even get me started on U.S. stocks. They’re climbing record ladders faster than a caffeinated squirrel, with the S&P 500 perched just shy of 6,700 like a cat eyeing the cookies on the top shelf.

Even with Bitcoin struggling to find its keys, the world’s biggest crypto is still in a bull market – that’s right folks, still bullish, even if it’s acting like it forgot the script. And surprise! This isn’t the first time Bitcoin and the S&P 500 played the awkward “I’m going one way, you go the other” dance.

The first time these two clashed was between March and July 2024. The S&P 500 was strutting from 4,000 to 4,600 like it owned the place, while Bitcoin was sulking from just under $30,000 down to $25,000, probably muttering something about “why me?” backstage.

The second time? Between April and October, the S&P 500 kept climbing like your aunt’s fruitcake recipe-relentless-moving from 5,200 to 6,000 with only a brief summer siesta. Bitcoin, however, was busy practicing its presidential concession speech – didn’t join the rally until November, right when the election results dropped.

Now, the latest episode: since May, S&P 500 has been kissing the sky while Bitcoin plays musical chairs between $110,000 and $120,000. It did hit a high note in August (Bravo!), but then quickly slipped back like it was distracted by a squirrel on the investment tree.

History’s pretty clear here – Bitcoin and the S&P 500 often tango together, but sometimes they do that awkward shuffle-step and go their separate ways for a while. And if this current saga is any guide, Bitcoin’s going to hustle and catch up with gold – because hey, even bulls like to show up fashionably late. 🐂💰

Read More

2025-09-23 19:15