Bitcoin is maintaining a solid upward trend of nearly 60% annually.
According to Artemis as of the 28th, Bitcoin (BTC) continues to show strength, rising 59.2% annually. This is a 7.6%p increase from the previous week (51.6%), demonstrating a robust upward momentum.
Gold recorded a 39.6% increase, up 4.3%p from the previous week (35.3%), while QQQ declined 0.9%p to 13.8% from the previous week (14.7%).
In contrast, the S&P500 slightly decreased by 0.1%p to 12.8% from the previous week (12.9%), but still showed steady performance.
Ethereum (ETH) recorded an annual -31.4%, slightly reducing its loss from the previous week (-33.3%), but still remaining in negative returns.
The DeFi sector reduced its losses to -35.1% from the previous week (-37.7%), and the on-chain fundamental-based Outerlands Fundamental Index (OFI) significantly recovered to -25.3% from the previous week (-36.3%), though it has not completely escaped the weak trend.
Robinhood (HOOD) rose 219.8% annually, recording overwhelmingly the highest return among all asset classes. This is a 10.9%p increase from the previous week (208.9%), with its upward momentum accelerating despite already high returns.
Coinbase (COIN) recorded a 9.0% annual return, declining 6.8%p from the previous week (15.8%), showing lower returns.
The differences in returns across asset classes reflect changes in market liquidity and risk preference. While Robinhood and Bitcoin led the upward trend, some cryptocurrency asset classes such as Ethereum and DeFi continue to show slow recovery.
[This article does not provide financial advice, and the investment results are the sole responsibility of the investor.]
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