Bitcoin rallies with gold and other financial assets

Though below its all-time high of more than $19,000 in 2017, bitcoin has surged off its March lows and is still up massively from about $250 five years ago.

Diversification benefits have varied, but, generally, bitcoin has had little correlation with the S&P 500.

Outstanding bitcoins are steadily approaching their 21 million limit, bullish for the price over the long term.