BITCOIN BLASTS OFF

WHILE THE S&P 500 REBOUNDED STRONGLY AFTER THE PANDEMIC SELLOFF LAST MARCH, STOCKS’ GAINS WERE MODEST COMPARED WITH BITCOIN’S EXPLOSION. THE CRYPTOCURRENCY HIT A COVID BOTTOM OF $4,803 ON MARCH 14, 2020, BEFORE SHOOTING UP TO AN ALL-TIME HIGH OF $41,471 ON JANUARY 8, 2021.