Bitcoin has surged past the $100,000 mark, decisively distancing itself from the traditional equities benchmark, the S&P 500. This remarkable performance has caught the attention of analysts who speculate that this could signal the onset of a new bull market for Bitcoin. The cryptocurrency's impressive gains could attract more investors looking for alternatives to traditional markets.
With Bitcoin now outpacing the S&P 500, attention is being turned towards further potential growth, as the crypto market waits to see if these trends will continue or adjust amidst fluctuating economic conditions.