Wintermute Analyst: Capital has begun a phased shift towards cryptocurrencies, and BTC outperforming US stocks may be due to capital rotation

BTC-2,97%

Odaily Planet Daily reports that Wintermute analyst Jasper De Maere stated that the significant underperformance of cryptocurrencies compared to other asset classes over the past two months may be one of the reasons for the current relative strength divergence. He believes that digital assets are different from stocks and are not directly affected by macro narratives such as supply chains and energy costs. This has become a relative advantage in the current market environment, as stocks and cryptocurrencies are gradually becoming “alternative risk assets.” In the context of uncertainty suppressing stock capital inflows, some capital may be rotating into digital assets. However, he also warned that this outperformance may not last. If geopolitical tensions lead to further rises in energy prices, increase inflation, and weaken rate cut expectations, it could put pressure on the crypto market. In the short term, the market is expected to remain highly volatile until a clearer macro direction emerges.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

The New York Times reignites the “Satoshi identity mystery”; after Adam Back was targeted, he quickly clarified

Author: Nancy, PANews Satoshi Nakamoto’s real identity remains the mystery that has continued for 17 years in the crypto world. Guesses surrounding this pseudonym have never stopped—candidates ranging from cryptographers to company founders have come and gone, yet there has always been a lack of decisive evidence. Recently, The New York Times published a 10,000-plus-word investigation. Based on multiple comparisons drawn from language style, technical paths, and historical context, it ranked Blockstream CEO Adam Back as the strongest candidate for Satoshi Nakamoto. However, this claim was quickly and explicitly denied by Back himself, and the relevant arguments were widely questioned by the industry as difficult to substantiate. Satoshi Nakamoto identity controversy flares up again; the 10,000-plus-word investigation targets Adam Back In this investigation, New York Times reporter John Carreyrou spent more than a year deeply sorting through decades of archives and the cypherpunk email mailing lists to

区块客2h ago

Morgan Stanley Bitcoin ETF Drives 3-Fold Impact as 16,000 Advisors Open Path to Multi-Billion Demand

Bitcoin demand is set to expand rapidly as Morgan Stanley deploys its 16,000 advisors and launches a low-cost ETF, driving institutional inflows and strengthening crypto’s position in mainstream portfolios. Key Takeaways: Morgan Stanley’s 16,000 advisors unlock major bitcoin demand, driving

Coinpedia7h ago
Comment
0/400
No comments