Bitcoin is behaving more like a high-risk growth asset than a safe-haven hedge, according to new Grayscale research tracking correlations with equities.
Editor’s Analysis
Bitcoin Trades Like Growth Stock, Not Gold: Grayscale continues to draw attention due to its market movement and investor sentiment. While this news is significant, it’s important to consider long-term fundamentals and avoid reacting solely based on short-term hype.
This content is for informational purposes only and should not be taken as financial advice.
Credit: @cointelegraph
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