Analysis: Bitcoin and gold show growing similarity in risk-adjusted performance
Bitcoin and gold are becoming more alike in terms of risk-adjusted returns, according to Cointelegraph, which cited an analysis by @TimmerFidelity, Director of Global Macro at Fidelity Investments. In a recent post on X, Timmer noted a narrowing gap in the Sharpe ratios of the two assets. The Sharpe ratio is a metric that assesses an investment’s performance relative to a risk-free asset. Timmer suggested a 4:1 gold-to-Bitcoin ratio as a sensible store-of-value hedge. Meanwhile, @ecoinometrics data shows that so far in 2025, gold has increased by 30.33% in value, surpassing Bitcoin's 3.84% gain.