S&P 500 CAPE Ratio at Historic Highs: Bitcoin’s Crossroads
Wall Street’s S&P 500 Cyclically Adjusted Price-to-Earnings (CAPE) ratio now sits at a level rarely observed, nearing the highs seen just before the 1929 crash and the dot-com bust of 2000. This historically stretched valuation, hovering between 40 and 42, forces a critical examination of what such extreme equity conditions mean for Bitcoin.Is the leading cryptocurrency destined to follow traditional markets lower, or can it finally assert its role as a distinct, alternative asset?Unde