Bitcoin Beats Stocks in Risk-Adjusted Performance Amidst Financial Market Turbulence

Despite a significant drop from its peak, Bitcoin has emerged as the top performer in risk-adjusted terms, outshining traditional markets like the S&P 500. This trend is raising questions about Bitcoin’s role as a hedge against systemic risks arising from financial instability. Market analysts argue that this resilience might signify more than just weathering turbulent market conditions; it could indicate deeper cracks within the global financial system.