Analysis of the Correlation Between BMT and Bitcoin: Hedge or High Beta? @Bubblemaps.io
As the native token of the on-chain data visualization platform #Bubblemaps , BMT's price performance exhibits typical **high beta characteristics**, rather than a hedging attribute. Historical data shows that BMT has more aggressive gains during Bitcoin bull market cycles. For example, during the rebound of Bitcoin to $82,800 in March 2025, BMT surged by 147% in a single day due to Binance listing and airdrop effects, yet it fell by 26% against the market trend, indicating that it is more influenced by short-term market sentiment and the liquidity of the project itself, contrasting sharply with Bitcoin's hedging properties.
The logic of high volatility driven by technology
$BMT 's price is more dependent on technological implementation and exchange effects. For instance, updates to its cross-chain data tools (such as the 'Bubble Chart' feature supporting Solana and BNB Chain) often trigger short-term speculation, while liquidity injection from exchanges like Binance (such as the launch of perpetual contracts) further amplifies volatility. In contrast, Bitcoin's macro hedging attributes are more deeply affected by Fed policies, geopolitical factors, and other influences, highlighting significant differences in driving factors between the two.
Conclusion: $BMT is a typical high beta asset, suitable for risk-tolerant investors seeking excess returns during Bitcoin's upward cycles, but caution is needed regarding the severe retracement risks when market sentiment reverses.