Bitcoin’s risk-adjusted return potential skyrockets as Sharpe Signal surges
[ad_1] On Jan. 26, Glassnode’s Sharpe Signal hit its lowest level since March 2020. It dropped to 0.2531 from a high of 0.7042 on Jan. 10. However, by Feb. 11, as Bitcoin’s price crossed $48,000, the Sharpe Signal increased to 0.7371. Graph showing Bitcoin’s Sharpe Signal from Jan. 1 to Feb. 12, 2024 (Source: Glassnode) This … Read more