News Formal

Bitcoin, a better investment option than gold now? A Sharpe look says…

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 68%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

World's largest cryptocurrency Bitcoin [BTC] outperformed mainstream financial instruments of the market in risk-adjusted returns..

According to crypto-market data provider Kaiko, Bitcoin’s Sharpe Ratio was higher than Gold’s and that of other key equity and commodity markets in early April.The Sharpe ratio is a widely used metric in finance, measuring the risk-adjusted returns on a financial instrument. Put simply, it comparesTypically, a Sharpe ratio of one or higher is considered a good risk-adjusted return rate. In the aforementioned graph, Bitcoin’s Sharpe ratio is around four.

Finally, according to AMBCrypto’s analysis of Glassnode’s data, Bitcoin wallets with non-zero balances have grown sharply in recent years, implying confidence in the asset’s long-term potential.Aniket Verma works as a journalist at AMBCrypto. Contrary to most who are primarily interested in merely tracking price movements of cryptos, his focus is on examining the niche intersection between cryptocurrencies and traditional finance.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 22. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Bitcoin (BTC) vs. Memecoins: Navigating the Bitcoin (BTC) (BTC) Investment LandscapeOne such memecoin that has garnered significant attention is Shiba Budz (BUDZ). Introduced as a playful spin-off of the Dogecoin phenomenon..
Fonte: CryptoAmb - 🏆 22. / 68 Consulte Mais informação »

Bitcoin (BTC): BTC Breaks $70k As New BUDZ Cryptocurrency Joins Market RallyMilestones are not uncommon, but some are more significant than others. Recently, Bitcoin (BTC) achieved a remarkable feat by soaring...
Fonte: CryptoAmb - 🏆 22. / 68 Consulte Mais informação »

Bitcoin: Holders, every time BTC hits $13 billion on this front, the market…Bitcoin was trading comfortably above $70k a few days ago but its recent tumble and the Open Interest flush indicated a major correction.
Fonte: CryptoAmb - 🏆 22. / 68 Consulte Mais informação »

Bitcoin: Is a BTC market dump incoming after latest ‘Silk Road’ move?Bitcoins, seized as part of Silk Road hack crackdown, were moved by the U.S. government Tuesday, piquing the interest of the broader market.
Fonte: CryptoAmb - 🏆 22. / 68 Consulte Mais informação »