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
Pandora Ethereum ETF to be listed on the Hong Kong Stock Exchange on December 3
金色财经•2025/11/29 03:39
Data: US XRP spot ETF sees a single-day net inflow of $22.68 million
Chaincatcher•2025/11/29 02:23
São Paulo, Brazil to pilot blockchain-based microloans for small rural producers
金色财经•2025/11/28 21:31
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$90,751.8
-0.48%
Ethereum
ETH
$3,025.44
+0.57%
Tether USDt
USDT
$1
+0.06%
XRP
XRP
$2.18
-0.02%
BNB
BNB
$885.34
-1.08%
Solana
SOL
$137.17
-1.66%
USDC
USDC
$0.9999
+0.02%
TRON
TRX
$0.2810
+0.32%
Dogecoin
DOGE
$0.1501
-0.42%
Cardano
ADA
$0.4175
-1.64%
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