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📅 July 3, 7:00 – July 9,
Bloomberg analyst: Bitcoin outperformed U.S. Treasuries in the past week.
Odaily News Eric Balchunas, a senior ETF analyst at Bloomberg, posted on the X platform: "Yesterday, when the stock market fell, Bitcoin surged, showing a negative correlation with the stock market over the past week or so, performing better than U.S. Treasuries (which have become unreliable again), even though gold was about the same level (-98). Of course, this is a ridiculous short time frame, but in my opinion, if Bitcoin wants to be seen as a true alternative, it must achieve a rise."