Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Glassnode: Bitcoin Increasingly Exhibits Macroeconomic Asset Characteristics, Rising with Risk Appetite and Falling under Market Stress

Glassnode: Bitcoin Increasingly Exhibits Macroeconomic Asset Characteristics, Rising with Risk Appetite and Falling under Market Stress

2025/06/25 09:44
BTC+0.61%OAS-1.65%
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.
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

Trending news

More
1
Data: If ETH falls below $4,376, the cumulative long liquidation intensity on major CEXs will reach $2.729 billions.
2
RWA institution Centrifuge has issued some assets on Solana.

Crypto prices

More
Bitcoin
Bitcoin
BTC
$116,371.73
+1.78%
Ethereum
Ethereum
ETH
$4,674.72
+5.81%
XRP
XRP
XRP
$3.1
+2.84%
Tether USDt
Tether USDt
USDT
$1
+0.02%
Solana
Solana
SOL
$239.96
+6.17%
BNB
BNB
BNB
$925.22
+3.10%
USDC
USDC
USDC
$0.9997
-0.01%
Dogecoin
Dogecoin
DOGE
$0.2720
+8.53%
TRON
TRON
TRX
$0.3508
+1.47%
Cardano
Cardano
ADA
$0.9047
+2.58%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter