Citigroup: Bitcoin’s Grit Proves It’s A True Asset Class
The post Citigroup: Bitcoin’s Grit Proves It’s A True Asset Class appeared on BitcoinEthereumNews.com.
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is leaving the traditional associations it had with traditional stock markets behind, a latest Citigroup analysis suggests. The virtual currency displayed uncharacteristic stability in latest episodes of financial shock, making experts reconsider incorporating it into investor portfolios. Bitcoin Performs Better Than Major Stock Indexes Amid Uncertainty Bitcoin has outperformed both the S&P and EuroStoxx indexes on a volatility-adjusted basis, as reported by Citigroup analysts. Matthew Sigel, head of Digital Assets Research at VanEck, emphasized the report’s conclusions regarding Bitcoin’s consistent performance throughout major market events. The digital currency has outperformed price expectations derived from macroeconomic variables by more than 10% since the beginning of March, indicating what could be a risk premium independent of normal market forces. “Bitcoin’s performance during certain financial-stress periods – ie, SVB turmoil, Sept 23 US bond term-premium rise, and recent market volatility – warrants attention as a potential indicator of its maturing adoption and purpose as an asset class.” – Citi pic.twitter.com/8ixp44fg3T — matthew sigel, recovering CFA (@matthew_sigel) April 25, 2025 Crisis Response Exposes Shift Pattern For Cryptocurrency As Silicon Valley Bank failed in March of 2023, Bitcoin prices remained above $21,000 and closed the month rising above $28,000 during the time. All of this was while traditional investments plummeted. Later, in September of 2023, when US bond term premiums were increasing, Bitcoin opened at near $25,000 and closed just above $26,000. These instances demonstrate how Bitcoin can remain stable when financial markets become turbulent. BTCUSD trading in the $94,680 region on the 24-hour chart: TradingView.com Most recently, US President Donald Trump’s tariff announcements have triggered market volatility that temporarily took Bitcoin below $75,000. The digital currency rebounded swiftly, though, rising again above $90,000 and beating out old-school stocks. Bitcoin is…
