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Coinbase, the only U.S.-listed crypto exchange, has climbed 19% since then, including a 14% jump yesterday that took the share price to $160.38 as bitcoin (BTC), the largest cryptocurrency by market cap, climbed through $52,000. The Nasdaq Composite stock index gained 5.9% in the same period. Source link
“Over the last seven years, Bitcoin has registered an annualized return far surpassing that of major asset classes, with an optimal allocation rising to 19.4% in 2023,” the firm wrote. “Our analysis suggests that allocating 19.4% to Bitcoin in 2023 would have maximized a portfolio’s risk-adjusted returns.” Source link
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of […]
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of […]
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of […]