Bitcoin’s Sharpe ratio has fallen to nearly zero, matching levels from 2019, 2020, and 2022 market bottoms, as 8% of all BTC moved onchain in historic volatility.
Bitcoin(BTC)$89,455.002.08%
Ethereum(ETH)$2,957.392.33%
Tether(USDT)$1.00-0.01%
BNB(BNB)$886.792.27%
XRP(XRP)$1.932.02%
USDC(USDC)$1.00-0.02%
Solana(SOL)$128.471.50%
JUSD(JUSD)$1.000.02%
TRON(TRX)$0.3026121.50%
Lido Staked Ether(STETH)$2,957.832.04%