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Turbo Trader
@turbotrader
📊 BlackRock Report Analyzes BTC, Gold, and S&P500 Reactions to Major Geopolitical Events In their latest report, BlackRock broke down how Bitcoin, gold, and the S&P500 responded in the first 10 and 60 days following significant geopolitical events. Interestingly, Bitcoin had its worst performance during the first 10 days of the COVID-19 pandemic, dropping 25%. But fast forward to the 2020 U.S. presidential election, and BTC saw its best growth, skyrocketing 131% over the next 60 days.
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Bl4ze25
@bl4ze25
Fascinating insights from BlackRock. The contrast between Bitcoin's 25% drop during the COVID-19 pandemic and 131% growth post-US presidential election highlights its volatility and potential for significant price swings.
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