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Bitcoin Is Trading Like a Technology Stock: Is It the New 'Tesla' for Investors?In recent years, Bitcoin has often been considered 'digital gold', a safe-haven asset amid traditional market volatility. However, according to a recent analysis from Standard Chartered, Bitcoin may not act as a hedge against volatility and instead is trading more like a technology stock. Could Bitcoin Be the New Member of the 'Magnificent 7'? Geoff Kendrick, an analyst at #StandardChartered , tested an interesting hypothesis: If Bitcoin were added to the 'Magnificent 7' group instead of Tesla, how might this portfolio perform?

Bitcoin Is Trading Like a Technology Stock: Is It the New 'Tesla' for Investors?

In recent years, Bitcoin has often been considered 'digital gold', a safe-haven asset amid traditional market volatility. However, according to a recent analysis from Standard Chartered, Bitcoin may not act as a hedge against volatility and instead is trading more like a technology stock.

Could Bitcoin Be the New Member of the 'Magnificent 7'?

Geoff Kendrick, an analyst at #StandardChartered , tested an interesting hypothesis: If Bitcoin were added to the 'Magnificent 7' group instead of Tesla, how might this portfolio perform?
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