This is good to see after the months of the bear market we endured, not that those of us here faltered in our faith but for those still on the fence or who would devry and denounce Bitcoin, this speaks loudly

Bitcoin: The Best Performing Asset Class in Q1 2023

“The Best Performing Assets in Q1 2023
Bitcoin is set to close out the first fiscal quarter with its best three-month performance in nearly two years. Marking an extraordinary turnaround of fortunes as the top coin looks set to close Q2 2023 with roughly a 70% price increase.

Other asset classes, such as stocks, have been left behind in Bitcoin’s tracks. BTC ranks as the best performing asset and has vastly outpaced the current 5.5% of the 2023 performance of the S&P 500. Bitcoin has also gained over three times the amount that the Nasdaq 100 has in Q2 2023, with its 19% price gain.

The final quarter of 2022 proved challenging for Bitcoin, losing around 15% in value. Factors such as the poor macroeconomic environment, Terra (LUNA) crisis, and crypto contagion fears impacted Bitcoin’s overall performance throughout 2022.

This year Bitcoin has remained resilient. Despite the collapse of two major banks with links to cryptocurrencies, Silvergate and Signature Bank. The notion that the Federal Reserve (Fed) had to undergo ‘QE Light’ and expand its balance sheet and add liquidity benefitted Bitcoin.”

https://beincrypto.com/bitcoin-the-best-performing-asset-class-in-q1-2023/