coin-img-XAUTXAUT+0.30%coin-img-HYPEHYPE-0.09%coin-img-PAXGPAXG+0.28%coin-img-WLFIWLFI+8.22%coin-img-ASTERASTER-3.23%coin-img-ONDOONDO-6.97%coin-img-ZAMAZAMA-7.59%coin-img-ETHETH-3.56%coin-img-XAUTXAUT+0.30%coin-img-HYPEHYPE-0.09%coin-img-PAXGPAXG+0.28%coin-img-WLFIWLFI+8.22%coin-img-ASTERASTER-3.23%coin-img-ONDOONDO-6.97%coin-img-ZAMAZAMA-7.59%coin-img-ETHETH-3.56%coin-img-XAUTXAUT+0.30%coin-img-HYPEHYPE-0.09%coin-img-PAXGPAXG+0.28%coin-img-WLFIWLFI+8.22%coin-img-ASTERASTER-3.23%coin-img-ONDOONDO-6.97%coin-img-ZAMAZAMA-7.59%coin-img-ETHETH-3.56%coin-img-XAUTXAUT+0.30%coin-img-HYPEHYPE-0.09%coin-img-PAXGPAXG+0.28%coin-img-WLFIWLFI+8.22%coin-img-ASTERASTER-3.23%coin-img-ONDOONDO-6.97%coin-img-ZAMAZAMA-7.59%coin-img-ETHETH-3.56%
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Cointelegraph by Martin Young

Bitcoin Sharpe ratio drops to -10, revisiting lows last seen in 2018 and 2022

According to CryptoQuant analyst Darkfost on Saturday, Bitcoin's Sharpe ratio dropped to -10, its lowest since March 2023 and near zones observed in 2018 and 2022. The analyst warned this does not confirm a bear-market end. 10x Research on Monday noted sentiment is extreme while a broader downtrend persists, as BTC rebounded from $60,000 to $71,000 but remains 44% below its October peak of $126,000.
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