Odaily Planet Daily reports that Bloomberg Senior ETF Analyst Eric Balchunas posted on X platform stating that a fact that short sellers or pessimistic market views are reluctant to accept is that, historically, both traditional stock markets and Bitcoin have recovered from major drawdowns and eventually reached new all-time highs. This is almost a “100% perfect record.” Perhaps this time is different, but for now, it remains an undeniable fact. This is also why it is advisable to avoid blindly following the trend during market downturns.
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
JPMorgan: Gold ETFs outflow $11 billion in the first three weeks of March, Bitcoin funds maintain net inflow
JPMorgan data shows that in the first three weeks of March, gold ETFs experienced nearly $11 billion in net outflows, and silver funds saw withdrawals, while Bitcoin funds maintained net inflows. Bitcoin prices initially dropped to $60,000 amid geopolitical conflicts, but are now stable between $68,000 and $70,000. Institutional holdings in gold and silver futures have decreased, and liquidity indicators show that the market breadth for gold is lower than that of Bitcoin.
GateNews2m ago
Bhutan Shifts 519.707 BTC Worth $36.8M to External Addresses as Holdings Drop 66% from Peak
Key Takeaways
Bhutan’s state-owned investment arm, Druk Holding and Investments, transferred 519.707 BTC worth approximately $36.75 million to external addresses.
Total 2026 outflows from Bhutan’s Bitcoin treasury have now exceeded $152 million, with holdings falling from nearly 13,000 BTC in
CryptoBreaking3m ago
Bitcoin holds ground as gold, silver slide on ETF outflows and liquidity strains: JPMorgan
Bitcoin BTC$68,953.10 is proving more resilient than traditional safe-haven assets as gold and silver come under pressure from outflows, positioning unwinds and deteriorating liquidity, according to Wall Street investment bank JPMorgan.
"The deterioration in liquidity conditions in gold has seen it
CoinDesk11m ago
JPMorgan: Bitcoin shows greater resilience as gold and silver face pressure
JPMorgan's report indicates that Bitcoin has shown greater resilience compared to gold and silver amid worsening liquidity and capital outflows. Gold has fallen about 15% this month, with liquidity indicators dropping below Bitcoin. Capital flow and position data also show a clear divergence, with Bitcoin ETFs continuing to experience net inflows.
BlockBeatNews12m ago
Brazil Passes Law to Use Seized Bitcoin, Crypto to Fund Public Security Measures
Brazil's new "Anti-Gang Law" enables authorities to seize and sell digital assets like Bitcoin to combat organized crime, with proceeds supporting public security. The law enhances penalties for crime leaders and facilitates asset management by judges.
Decrypt22m ago