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$4.5 trillion Fidelity says Bitcoin’s risk-reward is ‘in a different universe’

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Fidelity Investments is one of the largest asset managers in the world, with $4.5 trillion in assets under management. Recently, Jurrien Timmer, Fidelity’s Director of Global Macro, published a risk- reward Analysis on different assets, including Bitcoin (BTC). According to Timmer, Bitcoin’s risk-reward is “in a different universe”, as reported by Bitcoin Magazine on X (Twitter). Essentially, financial institutions analyze risk and reward on financial assets crossing annualized volatility to annualized return. Annualized return is the average amount an investment generates each year over a given period. Higher annual returns imply better long-term profitability. On the other hand, annualized volatility measures the price fluctuations of an asset over a year. It acts as a proxy for investment risk. High volatility signifies larger price swings and hence more potential for loss or gain. Cryptocurrency Can we expect 'Santa rally' for Bitcoin this Christmas?...

$920B is the number to watch now that crypto’s trillion dollar total market cap is gone

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The crypto market is taking a walloping, and there are three important reasons why BTC’s $380 billion valuation is a key support for the entire market. Big round numbers always pique the interest of investors and the $1 trillion total crypto market capitalization is no exception. It’s a level that held for 48 days before collapsing on March 9. After a 16-hour negative 8.6% price movement, the indicator fell to $914 billion, its lowest level since Jan.13. Total crypto market cap in USD, 1-day. Source: TradingView Concerns about the stability of the U.S. banking industry, specifically the downfall and subsequent closure of Silvergate Bank (SI) on March 8 and the shut down of Silicon Valley Bank (SVB) on March 10 by The California Department of Financial Protection and Innovation, are among the reasons for breaking below the $1 trillion capitalization support. Silvergate was a critical fiat gateway network for the most important crypto currency exchanges and intermediaries. The Califor...