<ul data-eligibleForWebStory="false"><li>The S&P 500 Index has reached record highs in US dollars but has dropped significantly when measured in Bitcoin terms, showing Bitcoin's strong outperformance.</li><li>Bitcoin hit a new all-time high, briefly surpassing $118,800 on Coinbase, marking a 24% increase year-to-date and substantial gains over the past week.</li><li>Bitcoin has notably outperformed major tech stocks like Nvidia, Tesla, and Netflix, as highlighted by analyst Charlie Bilello.</li><li>Bitcoin's remarkable rally has been supported by institutional demand, with Bitcoin ETFs attracting substantial investments and becoming a significant fund category in 2025.</li></ul>

S&P 500 Index soars to record but drops in Bitcoin terms

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