Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»BITCOIN NEWS»Bitfinex Alpha | Cryptocurrencies outperform traditional assets because the supply side is still scarce.
BITCOIN NEWS

Bitfinex Alpha | Cryptocurrencies outperform traditional assets because the supply side is still scarce.

By Crypto FlexsDecember 14, 20233 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Bitfinex Alpha |  Cryptocurrencies outperform traditional assets because the supply side is still scarce.
Share
Facebook Twitter LinkedIn Pinterest Email

November 6th Bitfinex Alpha | Cryptocurrencies outperform traditional assets because the supply side is still scarce.

Post time: 11:40h
On Bitfinex Alpha
Posted by Tammy

So far this year, Bitcoin and Ethereum have shown remarkable resilience and growth, far outperforming traditional investments. Compared to gold, BTC and ETH have appreciated by 93% and 39% respectively. The performance correlation between BTC and Ether has also been noticeably tight throughout the year.

However, during the uptrend, BTC has performed well due to its first-mover advantage as a crypto asset, its perceived ‘digital gold’ status, and widespread institutional adoption. Interestingly, while commodity prices such as BTC and gold have reached significant highs, major indices such as S&P 500 and NASDAQ are still in a correction phase. This difference suggests a potential shift in market dynamics, with cryptocurrencies poised to continue outperforming traditional markets.

BTC price is currently up over 110% since the beginning of the year, with average term holders turning unrealized losses into profits. Historical patterns show that significant price surges often lead to consolidation or sharp pullbacks, especially due to an influx of novice investors. However, the decreasing number of days coins are destroyed indicates that long-term holders are maintaining firm holdings, underscoring their belief in the long-term value of Bitcoin. Moreover, wallets holding large amounts of BTC are showing inactivity, suggesting optimistic sentiment or preparing for future uncertainty.

The resilience of crypto assets this year reflects the Federal Reserve keeping a tight rein on the economy but no longer tightening it. In a widely expected move, the Federal Reserve kept interest rates steady between 5.25% and 5.50% while also raising its outlook for the U.S. economy, sending a signal of increased confidence.

Despite this optimism, activity in the U.S. manufacturing sector continued to decline in October. The recession is largely due to strikes at major automakers, suggesting that labor disputes are having a larger impact than previously recognized.

The ripple effects of the manufacturing sector’s struggles have been felt in the broader economy as job growth across the United States has lost momentum. Wages also rose at their most modest pace over the past year since mid-2021, suggesting a possible shift in labor market dynamics.

According to the latest news in the cryptocurrency industry, Sam Bankman-Fried has been found guilty on charges including wire fraud and money laundering following the dramatic collapse of FTX. These developments follow the convictions of key insiders.

Meanwhile, PayPal’s entry into the stablecoin space with PYUSD has been difficult, with the SEC issuing a subpoena to the company, signaling an ongoing investigation into cryptocurrency companies in the United States.

On a more positive note, the National Bank of Georgia is exploring a partnership with Ripple to pilot a digital Georgian lari. This project highlights Georgia’s efforts to integrate blockchain technology into the financial system amid growing CBDC exploration globally.

Happy trading!

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

As Nano Labs begins to accumulate $ 1 billion, BNB gets a big supporter.

July 5, 2025

Bitcoin is integrated into less than $ 108,000, but the eyes are set for $ 115,000.

June 29, 2025

Sequans starts $ 384M Bitcoin Treasury Initiative with Swan Bitcoin Partnership.

June 23, 2025
Add A Comment

Comments are closed.

Recent Posts

From Wall Street to Wallet: Ark Defai redefines financial architecture.

July 7, 2025

What Every Investor Should Know

July 6, 2025

Protecting Your Portfolio In A Volatile Market

July 6, 2025

A Trader’s Guide To Smarter Moves

July 6, 2025

Crypto Price Prediction Strategies – How Traders Forecast The Market

July 6, 2025

Causes, History, And How To Survive

July 6, 2025

A Guide To High-Risk, High-Reward Strategies

July 6, 2025

Ethereum MVRV has 1.20–1.25 and suggests that Market Peak is not visible.

July 6, 2025

Bitcoin holders reach $ 1 trillion in paper gains.

July 6, 2025

It flashes again in July

July 6, 2025

AAS MINER Rolls Out 2025 AI Cloud Mining Plan — Fully SEC-Compliant, Risk-Controlled, And Tailored For Crypto Enthusiasts

July 6, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

From Wall Street to Wallet: Ark Defai redefines financial architecture.

July 7, 2025

What Every Investor Should Know

July 6, 2025

Protecting Your Portfolio In A Volatile Market

July 6, 2025
Most Popular

BlockDAG’s 4-month vesting period with a $100 million liquidity target surpasses Solana price potential and BONK price predictions.

May 1, 2024

Bitfinex Alpha | The ETF has medium and regional bottom flows for BTC establishment.

April 15, 2024

Testnet vs Mainnet PSBT

August 17, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.