Bitcoin beta trends indicate that it is becoming a macro asset.

[Block Rhythm] On June 25, according to a report from a data platform, "Since 2022, the beta value of Bitcoin relative to global liquidity (GLI) and stock markets (such as SPY/QQQ) has continued to rise, while its beta against credit stress (high-yield bond spread HY OAS) has become more negatively correlated. This indicates that BTC is increasingly resembling a macro asset: rising when risk appetite increases and falling when market pressures intensify."

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ProofOfNothingvip
· 23h ago
It's just the btc suckers in the macro market.
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FalseProfitProphetvip
· 23h ago
Again different, bull compared.
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BearMarketSurvivorvip
· 23h ago
What's the point of holding big assets? Suckers are still suckers.
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