Bitcoin Gains as Futures Turn Bullish Despite Diverging Equities
Bitcoin (BTC) has been showing modest gains in recent days, rising around 0.22% to trade near $64,684 over the past 24 hours.
This increase is part of a broader trend across the cryptocurrency market, with the CoinMarketCap 20 Index also up by 0.33%.
However, despite this positive momentum, Bitcoin's longer-term performance has been trailing behind US equities, which have been trading near record highs.
The S&P 500 index has seen a return of over +25% since the start of 2025, while Bitcoin is down close to -35%, according to Thahbis Rahman, Research Analyst at Block Scholes.