Search results for Charlie Bilello
Crypto
Bitcoin, gold rank among worst-performing assets in 2026, trailing cash
Bitcoin and gold have recorded among the weakest returns of major asset classes in 2026, with both posting negative performance. Since the start of the year, gold has fallen 7.5 percent and bitcoin 7.3 percent. The comparison is based on asset performance tracked by Creative Planning chief market strategist Charlie Bilello. While recent results are weak, bitcoin has returned an annualised 120.6 percent since 2011, versus 6.3 percent for gold. Rankings could still change before year-end.
Crypto
Galaxy Digital CEO says U.S. fiscal deficits are positive for bitcoin, keeps bullish view
Galaxy Digital CEO Mike Novogratz said persistent U.S. government fiscal deficits are a key factor behind his continued bullish outlook for bitcoin. He said a structure that fails to control spending ultimately strengthens the investment case for the cryptocurrency. He cited July federal revenue of $334 billion and spending of $766 billion, and pointed to Congressional Budget Office projections that public debt could rise to 120 percent of GDP by 2036.
Crypto
Bitcoin posts biggest monthly gain in a year; S&P 500 hits record high
Bitcoin rose about 11.9 percent in April, posting its biggest monthly gain in a year. It ended April above $76,000 and was trading around $79,000 on May 4. U.S. stocks moved more strongly, with the S&P 500 hitting a fresh intraday record near 7,220 points, helped by better-than-expected results from Google and Apple. Traders cited mixed technical signals for bitcoin, including resistance around the 21-week EMA and potential tests of mid-$60,000 support.