BTC beats S&P 500 on over 50% of trading days, Glassnode says

Bitcoin is regaining relative strength against U.S. stocks, according to on-chain analytics firm Glassnode. Glassnode said the share of trading days in June when BTC’s daily return outperformed the S&P 500 fell to around 20%, the lowest level in the past six years. That figure has recently climbed back above 50%, while the stock market has moved sideways, suggesting Bitcoin is drawing asset-specific buying rather than rising in tandem with risk assets more broadly.