The difficulties of Bitcoin in February saw its yields adjusted to the risk weakening considerably according to the data of the research ecoinometry.
While in the past year, total Bitcoin yields corresponding to those of gold, a traditional safe asset, when adjusting the risk, Bitcoin behaves more like a major stock market index.
February struck risk assets. Bitcoin brought a particularly difficult blow to its advantage adjusted at risk.
Looking at the image of 12 months until February, Bitcoin now corresponds to gold in total yields, but is alongside stock indices in risk adjusted at risk. pic.twitter.com/x0vsftatli
– Barreometry (@ecoinometry) March 5, 2025
Risk adjusted yields measure the profitability of an asset compared to its price oscillations. A higher report suggests strong yields with lower volatility.
After a certain number of banish of violent prices recently alongside the threats of trade war, increasing geopolitical tensions and the confusion of seedlings of President Trump in terms of the government regarding the crypto, the bitcoin is slightly lower in 2025. Gold, on the other hand, is more than 11% annual.
“Bitcoin and gold are not completely not correlated at the moment, on a mobile average of 20 days over a period of five years, it is negative,” said Coindesk analyst James Van Straten. “You can generally see when the correlation becomes negative, it is generally when Bitcoin is at the bottom, which can be seen at the beginning of 2023, in the summer of 2023, in the summer of 2024 and now. BTC tends to make up for gold.”
The change could have an impact on the Bitcoin call to institutional investors, who often prioritize assets with favorable risk profiles. While Bitcoin’s long -term narrative as “digital gold” remains intact, its short -term performance suggest that it can behave more like actions than with a security asset.
