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Is the Crypto Bull Market Back? with Up Only's Ledger

Bankless

Bitcoin's Performance and Speculations on a Flight to Quality

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Bitcoin's performance has varied over time, with periods of underperformance and outperformance. It had a strong run after the DeFi summer and fall of 2020 but sputtered relative to the rest of the market in January 2021. However, there is potential for a November and December ETF run for Bitcoin followed by flows into other cryptocurrencies. The role of crypto in the macro environment is uncertain, as Bitcoin is seen as a chaotic asset that may not behave like traditional assets in times of crisis.

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