A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken Jan 8, 2021. (Reuters file photo)
Bitcoin’s surprising fast exit from its “crypto winter” has once again put the notoriously volatile digital currency atop the leader-board in the first quarter for being the best-performing asset class by a wide margin.
With a roughly 70% gain, Bitcoin is closing out its best quarter since the three months ended March 2021, when it surged some 103%, Bloomberg data show. That vastly outstrips the S&P 500’s 5.5% year-to-date advance, the Nasdaq 100’s 19% uptick and the iShares 20+ Year Treasury Bond ETF’s 5.3% jump.
Long-time participants note that volatility is expected — and…
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