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
Prediction market Kalshi sues New York regulators over ban on sports contracts
金色财经•2025/10/28 10:27
Redacted and Tenset announce strategic merger, with the first product CineFi expected to launch in November
Chaincatcher•2025/10/28 10:11
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$114,517.24
-0.79%
Ethereum
ETH
$4,118.07
-1.27%
Tether USDt
USDT
$1.0000
-0.01%
XRP
XRP
$2.65
+0.64%
BNB
BNB
$1,135.34
-1.94%
Solana
SOL
$200.13
-0.21%
USDC
USDC
$0.9999
-0.01%
Dogecoin
DOGE
$0.2001
-1.57%
TRON
TRX
$0.2973
-0.81%
Cardano
ADA
$0.6642
-1.99%
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