POPA Recon$BTC is underperforming the S&P 500 on 2 out of 3 trading days.
$BTC is underperforming the S&P 500 on 2 out of 3 trading days. However, when BTC does outperform, the excess returns (green) are significantly larger. Also noteworthy is that these excess returns have been slowly degrading over the years. https://twitter.com/glassnode/status/2089442880255607037
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