Wu Blockchain (@WuBlockchain): Bitcoin Drops Over 16% in a Month While S&P 500 Gains 5%
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- BTC-60Negative
Bitcoin Drops Over 16% in a Month While S&P 500 Gains 5% Charles Schwab’s Jim Ferraioli said Bitcoin’s recent underperformance is less about Strategy’s small BTC sale and more about BTC losing its momentum-trade appeal. BTC has fallen more than 16% over the past month, while the S&P 500 has gained about 5%, as capital rotates into AI, gold, commodities, hot IPOs and other high-momentum assets.