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For the same, the metric of Average Transaction Size is worth looking at. Incidentally, this was the same day as when MicroStrategy announced its plans to purchase more Bitcoin. Source: IntoTheBlock. Other ratios seemed to be indicating something similar as well. In its latest newsletter, the crypto-analytics platform added,. The aforementioned ratios can be used to assess the performance of an equity investment, in this case, crypto-related equities, against risk-free investments. The higher the Sharpe or Sortino Ratio, the better the risk-adjusted returns of the asset.
According to IntoTheBlock, the likes of MicroStrategy and Marathon have both registered positive ratios on the aforementioned scale, with the same well in line with how well Bitcoin is doing. Therefore, one can argue that while Bitcoin has surged on the charts, so have these companies. In fact, one can perhaps easily claim the opposite too, with the correlation between the two probably angling towards a relationship.
This leads one to the question — Who needs the other more, Bitcoin or Institutions? Institutions adding Bitcoin to stay relevant, however, could be the next big narrative going forward. Sign Up For Our Newsletter. Jibin is a news editor at AMBCrypto. With over three years of experience as a political writer, he primarily focuses on the political impact of crypto developments. A graduate in Law and International Relations, his writing is by and large focused on cryptocurrencies from the political and financial perspective.
Jan 7, — Save Log in or Subscribe to save article. Jeremy Steven regrets not investing in bitcoin in Supplied "I took the plunge in the latter half of this year when there was another dip and have held since with no plans of selling," he tells Wealth Generation. Join the Wealth Generation.
Jeremy Steven doesn't regret buying bitcoin – he regrets not buying in sooner. Join me, wealth editor Aleks Vickovich, and our team of expert. Fun fact: The first bitcoin transaction was bitcoins for pizza. bitcoins are worth about $99 million today! Learn more about cryptocurrency.
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