Glassnode: Bitcoin Increasingly Exhibits Macroeconomic Asset Characteristics, Rising with Risk Appetite and Falling under Market Stress
2025/06/25 09:44Show original
According to CoinWorld, on June 25 (UTC+8), Glassnode posted on X that since 2022, Bitcoin’s beta relative to global liquidity (GLI) and stock markets (such as SPY/QQQ) has been steadily increasing, reflecting its growing market correlation. At the same time, Bitcoin’s beta with credit stress indicators (such as the high-yield bond spread HY OAS) has become increasingly negative, indicating that Bitcoin is increasingly behaving as a macroeconomic asset: it tends to rise when risk appetite increases and decline when market stress intensifies.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Investment bank Cantor Fitzgerald lowers Strategy's target price by 59% to $229, but maintains "Overweight" rating
Chaincatcher•2025/12/06 01:44
Yield Basis has activated the fee switch
金色财经•2025/12/06 01:31
Solana’s largest treasury company FWDind launches its own AMM platform “BisonFi”
Chaincatcher•2025/12/06 01:11
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$89,335.67
-3.29%
Ethereum
ETH
$3,027.07
-4.39%
Tether USDt
USDT
$1
+0.00%
XRP
XRP
$2.03
-3.70%
BNB
BNB
$884.46
-2.29%
USDC
USDC
$0.9998
-0.00%
Solana
SOL
$133.63
-4.55%
TRON
TRX
$0.2863
-0.12%
Dogecoin
DOGE
$0.1399
-5.47%
Cardano
ADA
$0.4159
-5.47%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now