BitcoinSistemi 2025-08-12 06:54:07

Bloomberg Analyst Says “Bitcoin Won’t Save You in a Market Downturn,” Shares His Opinion

Bloomberg Intelligence analyst Athanasios Psarofagis said that Bitcoin (BTC) did not provide investors with the expected protection during market declines, while gold showed a more stable performance. Speaking to Scarlet Fu, Katie Greifeld and Eric Balchunas on the “ETF IQ” program, Psarofagis stated that gold holds up better on days when the S&P 500 falls, while Bitcoin remains weak these days. “When the market is bullish, Bitcoin offers much higher potential returns than gold,” Psarofagis said. However, on bearish days, gold is clearly ahead. Recalling that Bitcoin is often referred to as a “hedge against inflation” or a “market hedge,” the analyst explained that in reality, it's more of a “hedge against the global money supply.” Related News: Whales Focus on One Altcoin: They Are Accumulating It Heavily Psarofagis, noting that gold isn't a perfect hedge either, said, “Both are volatile assets, but Bitcoin is more fragile. The real problem is that it's not clear exactly what Bitcoin is: a currency, a store of value, or a speculative asset.” Psarofagis stated that Bitcoin's supply being limited to 21 million and the fact that it cannot be replicated by governments is attractive to investors, adding that Bitcoin did not provide the expected support during market declines when “technology stocks fell” but performed strongly during periods of rise. *This is not investment advice. Continue Reading: Bloomberg Analyst Says “Bitcoin Won’t Save You in a Market Downturn,” Shares His Opinion

가장 많이 읽은 뉴스

Ethereum's Rise Is Also Being Supported by Ex...
2025-08-13
Bitcoin Price: Unleashing a Staggering $132K...
2025-08-13
IEA predicts slowing global demand for oil wi...
2025-08-13
Japan’s Metaplanet Q2 Financial Report Shows...
2025-08-13
Solana pārsniedz 200 dolāru robežu pēc 15% pi...
2025-08-13
Bank Groups Urge US Senate to Close Gaps in C...
2025-08-13
Bitcoin Price Watch: Critical Levels in Focus...
2025-08-13
US Seized $1M in Crypto and Servers from Blac...
2025-08-13

면책 조항 읽기 : 본 웹 사이트, 하이퍼 링크 사이트, 관련 응용 프로그램, 포럼, 블로그, 소셜 미디어 계정 및 기타 플랫폼 (이하 "사이트")에 제공된 모든 콘텐츠는 제 3 자 출처에서 구입 한 일반적인 정보 용입니다. 우리는 정확성과 업데이트 성을 포함하여 우리의 콘텐츠와 관련하여 어떠한 종류의 보증도하지 않습니다. 우리가 제공하는 컨텐츠의 어떤 부분도 금융 조언, 법률 자문 또는 기타 용도에 대한 귀하의 특정 신뢰를위한 다른 형태의 조언을 구성하지 않습니다. 당사 콘텐츠의 사용 또는 의존은 전적으로 귀하의 책임과 재량에 달려 있습니다. 당신은 그들에게 의존하기 전에 우리 자신의 연구를 수행하고, 검토하고, 분석하고, 검증해야합니다. 거래는 큰 손실로 이어질 수있는 매우 위험한 활동이므로 결정을 내리기 전에 재무 고문에게 문의하십시오. 본 사이트의 어떠한 콘텐츠도 모집 또는 제공을 목적으로하지 않습니다.