<ul data-eligibleForWebStory="false">The S&P 500 Index has reached record highs in US dollars, but when measured in Bitcoin, it is down significantly for the year.Bitcoin's price surged to a new all-time high, outperforming major tech stocks like Nvidia, Tesla, and Netflix.Bitcoin's record rally in 2025 is driven by growing institutional demand, with significant investments in Bitcoin-based ETFs.Despite the stock market's recovery, Bitcoin has shown exceptional performance, attracting significant investments and institutional interest.