Bitcoin Overtakes S&P 500, Outpacing Traditional Markets Even with Buffett’s Confidence

Despite Warren Buffett’s long-held belief in the stability of traditional stocks, a closer look at market performance reveals Bitcoin as the superior performer. Data shows that while the S&P 500 has experienced substantial growth since 2020, its value in terms of Bitcoin has plummeted. Phil Rosen, from Opening Bell Daily, highlights this discrepancy: the S&P 500 gained around 106% in USD but lost approximately 88% of its worth when measured against Bitcoin. This revelation reignites the debate about whether traditional equities can keep up with the burgeoning dominance of digital assets.