Bitcoin, Ether Did Better Than You Think in 2022
Although the world’s largest cryptocurrency by market value, $Bitcoin(BTC.CC$ , saw a roughly 64% decline in value year-to-date, CoinDesk research shows that bitcoin and ether returns in 2022 per unit of risk were about the same as equities and significantly better than bonds.
“We want to underscore this is not too different from what you would see in traditional markets, especially stock markets,” said Andrew Baehr, CoinDesk Indices managing director, on First Mover CoinDeskTV.
“Look at some of the darlings that people were really excited about 18 months ago in stocks, they’ve lost 80-90% of their value as well.”
“We want to underscore this is not too different from what you would see in traditional markets, especially stock markets,” said Andrew Baehr, CoinDesk Indices managing director, on First Mover CoinDeskTV.
“Look at some of the darlings that people were really excited about 18 months ago in stocks, they’ve lost 80-90% of their value as well.”
![2022 Performance of five assets. (CoinDesk Indices)](https://ussnsimg.moomoo.com/1672387905566-70042973-android-org.png/bigmoo)
Bitcoin and ether appeared to be affected by the same forces that made stock investing a challenge over the past year, including high inflation and the looming threat of recession. According to CoinDesk data, stocks were nearly twice as risky in 2022 as 2021.
$Ethereum(ETH.CC$ $S&P 500 Index(.SPX.US$ $Nasdaq Composite Index(.IXIC.US$ $Invesco QQQ Trust(QQQ.US$ $ProShares UltraPro Short QQQ ETF(SQQQ.US$
$Ethereum(ETH.CC$ $S&P 500 Index(.SPX.US$ $Nasdaq Composite Index(.IXIC.US$ $Invesco QQQ Trust(QQQ.US$ $ProShares UltraPro Short QQQ ETF(SQQQ.US$
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Adam_Bomb : crypto is a scam