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. This sharp spike in the Sharpe Signal has profound implications for the crypto market, indicating a […]
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Bitcoin’s risk-adjusted return potential skyrockets as Sharpe Signal surges