Cryptos have been on an amazing run in 2021.
Q1 2021 hedge fund letters, conferences and more
Cryptos Are Outperforming Stocks
The Bitwise 100 Index, which tracks the top 100 cryptos, is up over 150% since January 1.
Meanwhile, the Russell 3000 Index, which is a benchmark of the 3,000 largest U.S. stocks, has only gained 10% in the same amount of time.
That means the top 100 cryptos are outperforming the top 3,000 U.S. stocks by a factor of 15-to-1!
In today’s Market Insights video, I take a close look at why cryptos are crushing the stock market.
(If you’d prefer to read a transcript instead, click here.)
Regards,
Research Analyst, Automatic Fortunes
Article by All Value Investing
