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The current scenario has caused the crypto market to experience significant selling pressure. Around $50 billion in investor capital has been lost in the last few hours as a result of the over 5 percent decline in Bitcoin and the overall cryptocurrency market. Bitcoin btc news Discord Open at 13:00 UTC !beginner - !priceaction BTC - Stonks - FX - Learning - TA - Crypto - Chill - NFA

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So all the hype about bitcoin being the digital equivalent of gold is just that: hype. As an asset, bitcoin behaves much more like volatile tech stocks rather than the far more stable commodities such as gold or government-backed currencies like the dollar and euro. CoinDesk The inclusion of a moderate Bitcoin investment in a diverse portfolio has also been shown to increase the Sharpe ratio of that portfolio and actually reduce volatility. Of course, there is no guarantee that Bitcoin’s price will continue to increase as it has done in the past.

What is the fully diluted valuation of Bitcoin (BTC)?

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FTX is the latest cryptocurrency company this year to come under financial pressure as crypto assets such as bitcoin and ethereum have collapsed in value. Bitcoin sinks 3.5% for the week, and Illinois weighs new crypto regulatory regime: CNBC Crypto World Latest News

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