Bloomberg recently released Multiple asset indicators To help investors diversify their traditional portfolios, a pioneering work that combines bitcoin and commodities.
Bloomberg-a financial company, data and global technology-Bitcoin & Gold Blend indicated that includes Bloomberg Bitcoin, equal gold index, and Bloomberg Dollaar, Bitcoin and Gold Equipleded, with the aim of helping institutions and institutions retail investors to expand their wallets.
Wonderful year
In a press release, Bloomberg revealed The year 2024 was prominent in encrypted currencies, saying that favorable regulations and feeling brought more than $ 220 billion of encryption investments.
Bloomberg added: “These assets were through more than 250 boxes of traded investment funds, including those associated with the instant bitcoin and Ethereum death that expanded access to encryption markets using a familiar cover,” Bloomberg added.
Bloomberg releases gold and #BTC Compound index. https://t.co/vprxqc5fr
Cryptocurrency February 14, 2025
According to the financial giant and gold and Bitcoin They reached their peaks last year, which they believed to increase the “relationship between digital and material assets”.
As a result, many investors began exploring their competing and supplementary features in a diversity governor.
Mix bitcoin and gold
Bloomberg explained this Bitcoin & Gold Blend indicators It is the first in this group of indicators, saying that it has created this through a unit -based framework to allow future amendments and “allocating building blocks and weight based on the customer’s interest.”
BTCUSD trading at $97,581 on the daily chart: TradingView.com
According to a financial giant, the goal of the new indicators is to capture the growth of Bitcoin and its preparation with the historical stability of gold.
“We expect Bloomberg Bitcoin and Gold Basket will be the first among many goods and mixing digital assets because we see an increasing appetite for the investor for designed indicators that can target the specific investment goals and the definition files of their return.” Jigna Gibb product index said.
Bloomberg said that the dollar, Bloomberg, Bitcoin, and the equal golden index, integrate the defensive US dollar features with Bitcoin and “potential characteristics that are not related to gold in the long run.”
Historically, Bitcoin and gold Do not get close to zero relationship with each other, noting that both have maintained positive long -term returns, which makes their basket an excellent diversity for the governor of traditional multiple assets.
“With Bloomberg Inters’ capabilities, we can allocate index offers continuously with the development of the industry. As a major investment obstacle in bitcoin are high fluctuations, we see a basic state of bitcoin and gold, not bitcoin for gold.”
Main notes
– Gold made new aths forms HHS and HLS
– $ BTC The domain is determined between 91 km – 105 kbEvery time it is replaced by gold away from BTC, BTC plays the knees as shown in the black circles pic.twitter.com/icrxjincif
– DAINK (Traderdaink) February 10, 2025
Bitcoin follows gold
At the same time, the encryption analyst does not agree that bitcoin and gold have zero relationship.
Denk said in a publication that Bitcoin tends to follow gold movements after periods that were separated or transferred in different directions.
“Every time the gold is faded away from BTC, BTC plays the knees as shown in the black circles,” DAINK explained on the X.
For the majority of the presence of Bitcoin, the relationship between bitcoin and gold was vulnerable to fluctuations. Initially, the prices of these two destinies fluctuated in a largely independent way. This means that when the price of one of the assets increased, the other did not necessarily follow his example.
Although there is no immediate relationship between bitcoin and gold, the encryption tends to align its movement with the precious metal after a certain period.
Distinctive image from Gemini Imagen, the tradingvief chart
