Bitcoin Marketcap
$532B
Gold Marketcap
$11.82T
BTC Settlement Volume (24hr)
$12.90B
BTC Inflation Rate (next 1yr)
1.62%
CASEBITCOIN
making the case for bitcoin every day
Bitcoin Marketcap
$532B
Gold Marketcap
$11.82T
BTC Settlement Volume (24hr)
$12.90B
BTC Inflation Rate (next 1yr)
1.62%
CASEBITCOIN
making the case for bitcoin every day
6 Aug 2019 | | Price when published: $11,641 (ROI since: +142%)
Filed under: investment
blogs
Bitcoin is a non-correlated, asymmetric return-profile asset. It has proven to even be inversely correlated in times of increased global instability. Take May 2019, for example — the trade wars were escalating and threats of tariffs were being lobbed at multiple countries.
Bitcoin was up 55% for the month and showed a negative correlation to the S&P 500 and gold.
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