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Citigroup: Bitcoin Sõmer proves it is a real asset class

Reliable editorial Content reviewed by leading experts in the field and experienced editors. Disclosure

Bitcoin leaves the traditional associations he had behind traditional stock markets, recommends the latest Citigroup analysis. The virtual currency showed unusual stability in recent financial episodes, re -investing experts in investors' portfolios.

Bitcoin works better than the main stock index

Bitcoin Citigroup analysts have announced both S&P and Eurostoxx indexes customized to volatility. Matthew Sigel, Head of Digital Assets at Vaneck, emphasized the report on Bitcoin's consistent result throughout the major market events.

The digital currency has exceeded the expectations of the price of macroeconomic variables from more than 10% from the beginning of March, which shows what may be an independent risk of market forces.

The crisis reaction reveals the cryptocurrency shear pattern

Since Silicon Valley Bank failed in March 2023, Bitcoin prices were over $ 21,000 and closed over $ 28,000. All this was when traditional investments fell.

Later, in September 2023, when US bond awards increased, Bitcoin opened at around $ 25,000 and closed just over $ 26,000. These cases show how Bitcoin can remain stable when financial markets become turbulent.

BTCUSD trading in the $94,680 region on the 24-hour chart: TradingView.com

Last US President Donald Trump's tariff The announcements have triggered Turu volatility, which temporarily took Bitcoin under $ 75,000. The digital currency is recovering rapidly, rising again over $ 90,000 and beating old -school supplies. Bitcoin is still the best -working property after the US November elections despite the recent market volatility.

Bitcoin ETF cash flows are strong despite market benefits

According to the Citigroup report Bitcoin ETFs It has remained evenly, while investors pull out Ethereum from ETFs. Cryptoquant explained that institutional players, not retailers, appear to be behind Bitcoin's higher prices. Analysts named ETF streams and interest in futures markets as the main thrust of recent price activities.

Image: Getty Images

Mixed signals from the market as bitcoin matures

Extra-chain indicators paint the mixed image of the bitcoin situation. Citigroup states that the overall value of stability continues to rise firmly, even in turbulent times. The use of the main chain of Ethereum has increased; However, the activity decreases with the 2nd layer leverage. The same applies to the activity on the Bitcoin network: alternating bursting.

Some analysts believe that these factors show that Bitcoin forms their individual market behavior, partly affected by the renewable gold market and the weakening US dollars. Investor dollars Bitcoin ETF has persisted throughout the decline, making some speculation that institutional investors develop a different view cryptocurrency If they have historically held.

Highlighted image through Håkan Dahlström via CC 2.0, chart of TradingView

Editorial For bitcoinists, the focus of the provision of precise and impartial content has been focused. We support strict procurement standards and each page passes a careful overview of our top technology experts and experienced editors. This process ensures the integrity, relevance and value of the content of our readers.

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