Cryptocurrencies

Bonds Are Beating Bitcoin as Doubts Gather Over Crypto Rebound

  • Stocks and gold are also outperforming Bitcoin this quarter
  • JPMorgan strategists flag the risk of slower crypto inflows
A Bitcoin representation in El Salvador.Photographer: Camilo Freedman/Bloomberg

Stocks and bonds have delivered better returns than Bitcoin this quarter, raising the possibility that a crypto boom is running out of steam.

Gauges of global equities, fixed income and commodities are all ahead of the largest digital asset, which shed about 5% from the start of April through 1:15 p.m. Friday in Singapore. Gold also showed the token a clean pair of heels.

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