Analysis: If Bitcoin is still regarded as a risk asset or is undervalued

BTC-0,01%

BlockBeats News, January 27, CryptoQuant founder Ki Young Ju posted, “Gold, silver, and Bitcoin are safe-haven assets. If the market still considers Bitcoin a ‘risk asset,’ then it is undervalued.”

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin and Gold Correlation Coefficient Drops to -0.88, Reaching Lowest Level Since November 2022

Gate News reports that on March 18, CryptoQuant data showed the correlation coefficient between Bitcoin and gold dropped to -0.88, hitting a new low since November 2022. The data indicates a strong negative correlation between the two, with Bitcoin's price rising to $74,000 while gold experienced a slight decline.

GateNews23m ago

Royal Government of Bhutan Moves 973 BTC in Latest Treasury Activity

Bhutan transferred 973 BTC worth approximately $72.3 million, aligning with its ongoing treasury management strategy. The state-owned Druk Holding & Investments conducted the transactions without impacting bitcoin's market price. Mining activities may have slowed recently.

Coinpedia26m ago

Whale Address "bc1qf" Withdraws 500 BTC from Certain CEX Again, Total Holdings Exceed 31,000 BTC

Gate News reports that on March 18, Onchain Lens monitoring detected a whale address "bc1qf" withdrawing 500.78 BTC from a CEX again, valued at approximately $37.16 million. The address currently holds a total of 3135.54 BTC, worth approximately $232.5 million by market value.

GateNews44m ago

BTC drops below $74,000, with an intraday increase of 0.10%

Gate News report: On March 18, BTC price broke below the $74,000 mark, with intraday gains currently at 0.10%.

GateNews44m ago

Citigroup Lowers Strategy Target Price to $260

Gate News, on March 18, Citigroup downgraded the stock price target for Bitcoin Treasury company MicroStrategy ($MSTR) from $325 to $260.

GateNews52m ago

South Korean Police Plan to Establish Guidelines for Seizing Privacy Coins; Virtual Assets Confiscated Over Past Five Years Valued at 545 Billion Won

The Korean National Police Agency is developing new virtual asset seizure management guidelines, incorporating handling of privacy coins for the first time. The new regulations will clarify software wallet management, address virtual asset custody gaps, and improve law enforcement efficiency. Police plan to designate private custodian institutions, while experts recommend establishing a centralized public custody mechanism to reduce risks. This reform has been prompted by recent Bitcoin theft incidents, driving the management system's transition toward the digital asset era.

区块客59m ago
Comment
0/400
No comments