Gold and S&P 500 Reach All-Time Highs, Bitcoin Up 15% but Still Below Record High
Gold has reached a new all-time high of over $2,700 per ounce, while the S&P 500 has also hit a record high of over 5,870. Bitcoin has seen a 15% increase since October, but is still 8% below its highest point from seven months ago. The Japanese yen's recent decline is a positive sign for risk assets. Although Bitcoin has outperformed gold and the S&P 500 with an 8% increase this week, it has yet to reach its all-time high, unlike the other two assets.
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