Can macro factors explain the price of Bitcoin? Archives

October 25, 2022

Cryptoassets and the Macroeconomy: Can macro factors explain the price of Bitcoin?

Which macro variables have recently been influencing the price of Bitcoin is a topic of continuing discussion in the cryptoasset community. Some contend that Bitcoin is just another “risk-on” trade like any other and that its value has a strong correlation with equity prices. There is some truth to that, as Bitcoin is currently still…
October 6, 2021

Cryptocurrencies and the Sharpe Ratio of Traditional Investment Models

Just over a year ago, Deutsche Digital Assets published a report analyzing the impact of cryptocurrencies on the performance of traditional portfolios. Our report concluded that a small, rebalancing allocation to cryptocurrencies has a significant impact on the Sharpe ratio of all the portfolios investigated. We have updated our analysis to determine whether an allocation…

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Cryptoassets and the Macroeconomy: Can macro factors explain the price of Bitcoin?

Cryptocurrencies and the Sharpe Ratio of Traditional Investment Models