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Bitcoin trading in six-figure territory shows BTC is ready to carry gold’s ‘baton’ — Fidelity exec

cryptoweekly by cryptoweekly
May 19, 2025
in bitcoin, News
0

Fidelity’s Jurrien Timmer says Bitcoin’s rally back to six-figure territory strengthens its store-of-value status, making it comparable to investing in gold.

Key takeaways:

Bitcoin’s Sharpe ratio converges with gold’s, indicating similar risk-adjusted returns, supporting its store-of-value role.

Gold outperformed Bitcoin in Q1 2025 with a 30.33% price gain versus Bitcoin’s 3.84%, driven by economic uncertainty.

Read more

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Recent Posts
  • Bitcoin trading in six-figure territory shows BTC is ready to carry gold’s ‘baton’ — Fidelity exec
  • Atkins’ SEC ‘won’t fear innovation’ as chairman promises clear crypto regulation
  • Circle plans IPO but talks with Ripple, Coinbase could lead to sale: Report
  • What to expect at Trump’s memecoin dinner
  • DOJ is investigating Coinbase data breach— Report
  • Bitcoin fractal analysis forecasts new all-time highs above $110K by end of week
  • Pro-XRP lawyer calls crypto regulation death if the GENIUS Act doesn’t pass

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