Bitcoin Outperforms Gold Amid Macro Uncertainty, Bitwise CIO Remains Optimistic

Despite recent market volatility caused by global economic uncertainty, Bitcoin has demonstrated resilience, outperforming gold and traditional assets like the S&P 500 and NASDAQ. This positive performance was highlighted by Matt Hougan, CIO of Bitwise, who pointed out that Bitcoin has gained 24.3% since Election Day, exceeding gold’s returns of 13.9%. This trend further showcases Bitcoin’s strength as a long-term asset during uncertain economic periods.