Bloomberg analyst: Bitcoin outperformed U.S. Treasuries in the past week

Odaily News Eric Balchunas, senior ETF analyst at Bloomberg, wrote on the X platform: "Bitcoin rose sharply when the stock market fell yesterday, showing a negative correlation with the stock market over the past week or so, outperforming US Treasuries (which have become unreliable again), although gold is also comparable to its own level (-98). Of course, this is a ridiculously short time frame, but in my opinion, if Bitcoin wants to be seen as a real alternative, it must rise."