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Is Bitcoin a Dollar Hedge or a Risk Asset? | Presented by CME Group

2024-12-25T13:42:28+0800

Is Bitcoin a Dollar Hedge or a Risk Asset? | Presented by CME Group

In its relatively short existence as an investment vehicle, Bitcoin has typically identified with dollar hedge assets such as gold and silver, rather than risk assets like equities and bonds. The cryptocurrency's determined move to the downside alongside treasury yields and major stock indexes over recent months has been highly unusual — and especially puzzling since it’s occurred on the threshold of a Fed rate cut. Are investors shifting Bitcoin from dollar hedge to risk asset portfolios? Presented by @cmegroup: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight -------- Subscribe to our YouTube channel: https://trib.al/KM4k5RA Subscribe to Bloomberg Originals: https://trib.al/dJv9Uw8 Bloomberg Quicktake brings you global social video spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/@BloombergQuicktakeNow

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