|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
高盛表示,2024 年比特幣(BTC)價格升值未能彌補其價格波動風險。同時,黃金較高的風險調整回報再次證實了其「避風港」的說法。
Bitcoin (BTC) price performance in 2024 failed to compensate for its price volatility risks, according to Goldman Sachs. Meanwhile, gold’s higher risk-adjusted returns reaffirmed its “safe haven” narrative.
高盛表示,2024 年比特幣 (BTC) 的價格表現未能彌補其價格波動風險。同時,黃金較高的風險調整回報再次證實了其「避風港」的說法。
Despite The Gains, Bitcoin Fails To Outshine Gold
儘管有所上漲,比特幣未能超越黃金
The leading digital asset by reported market cap surged from roughly $42,000 at the beginning of the year to as high as $73,000 in March 2024, recording more than 73% gains. At its current market price of $62,790, BTC is still more than 40% up from its price in January 2024.
據報道,這一領先的數位資產市值從年初的約 42,000 美元飆升至 2024 年 3 月的 73,000 美元,漲幅超過 73%。目前 BTC 的市價為 62,790 美元,較 2024 年 1 月的價格仍上漲 40% 以上。
Notably, throughout 2024, Bitcoin has consistently outperformed major equity indices, fixed-income instruments, gold, and crude oil.
值得注意的是,整個 2024 年,比特幣的表現一直優於主要股指、固定收益工具、黃金和原油。
However, despite BTC’s impressive gains, its price performance in absolute terms fails to compensate for its volatility, according to data tracked by Goldman Sachs.
然而,根據高盛追蹤的數據,儘管比特幣的漲幅令人印象深刻,但其絕對價格表現未能彌補其波動性。
The analysis by Goldman Sachs puts BTC’s year-to-date (YTD) volatility ratio at just under 2%. In comparison, gold gave a risk-adjusted return of 3%, posting strong 28% gains in absolute terms.
高盛的分析顯示,BTC 年初至今 (YTD) 的波動率略低於 2%。相較之下,黃金的風險調整報酬率為 3%,絕對漲幅更高達 28%。
For the uninitiated, the volatility ratio measures the return an asset generates for each unit of risk or volatility it carries. A higher ratio indicates that an asset provides better returns relative to the risk taken, while a lower ratio suggests less efficient performance.
對外行人來說,波動率衡量的是資產為其所承擔的每個風險或波動單位所產生的報酬。較高的比率表示資產相對於所承擔的風險提供更好的回報,而較低的比率則表示資產效率較低。
The analysis notes that Bitcoin’s volatility ratio was only better than Ethereum’s native ETH token, S&P GSCI Energy Index, and Japan’s TOPIX index among the non-fixed income growth-sensitive investments.
分析指出,在非固定收益成長敏感型投資中,比特幣的波動性僅優於以太坊原生ETH代幣、標普高盛能源指數和日本TOPIX指數。
Bitcoin’s low volatility ratio compared to gold cements the latter’s claim as a “safe haven asset.” This came under the limelight last week when BTC slumped, and gold surged following Iran’s offensive against Israel.
與黃金相比,比特幣的波動率較低,鞏固了後者作為「避險資產」的主張。上週比特幣暴跌,而伊朗進攻以色列後黃金飆升,這一點成為人們關注的焦點。
Still A Long Way To Go For Bitcoin
比特幣還有很長的路要走
Since its inception following the 2008 financial crisis, Bitcoin’s ascent to a trillion-dollar market cap asset has been remarkable.
自 2008 年金融危機後誕生以來,比特幣的市值已躍升至兆美元,令人矚目。
The fixed supply of 21 million, decentralized network architecture, and halving every four years make BTC an appealing asset. However, the market cap gap between Bitcoin and gold remains vast.
2100萬的固定供應量、去中心化的網路架構以及每四年減半的特點使BTC成為一種有吸引力的資產。然而,比特幣和黃金之間的市值差距仍然巨大。
That said, several crypto analysts are confident that Bitcoin will outshine the shining metal in the coming years. For instance, seasoned analyst Peter Brandt recently made an ambitious prediction that by 2025, BTC could see its price jump 400% relative to gold.
儘管如此,一些加密貨幣分析師仍然相信,比特幣將在未來幾年超越這種閃亮的金屬。例如,經驗豐富的分析師 Peter Brandt 最近做出了一個雄心勃勃的預測,即到 2025 年,BTC 的價格相對於黃金可能會上漲 400%。
Similarly, in August 2024, VanEck CEO Jan van Eck stated that BTC could surge to $350,000 on the back of greater adoption.
同樣,2024 年 8 月,VanEck 執行長 Jan van Eck 表示,隨著採用率的提高,BTC 的價格可能會飆升至 35 萬美元。
Most recently, investment management firm BlackRock declared Bitcoin a “gold alternative” due to its fixed supply and increasing investor confidence in its ability to tackle inflation and avoid value erosion during uncertain times.
最近,投資管理公司貝萊德宣布比特幣是“黃金替代品”,因為其供應量固定,並且投資者對其應對通膨和在不確定時期避免價值侵蝕的能力越來越有信心。
On the contrary, billionaire Ray Dalio has expressed his opinion on the Bitcoin vs. gold narrative, saying that BTC will never fully replace gold. BTC trades at $62,790 at press time, down 2.3% in the last 24 hours.
相反,億萬富翁 Ray Dalio 對比特幣與黃金的爭論表達了自己的看法,稱比特幣永遠不會完全取代黃金。截至發稿時,BTC 交易價格為 62,790 美元,過去 24 小時內下跌 2.3%。
免責聲明:info@kdj.com
所提供的資訊並非交易建議。 kDJ.com對任何基於本文提供的資訊進行的投資不承擔任何責任。加密貨幣波動性較大,建議您充分研究後謹慎投資!
如果您認為本網站使用的內容侵犯了您的版權,請立即聯絡我們(info@kdj.com),我們將及時刪除。
-
- Sui Network擁抱原生USDC,增強生態系統流動性並吸引開發者
- 2024-10-09 22:15:19
- Circle 將自己定位為本地直接整合到本地 Sui 網路第 1 層,這是一個由納入
-
- 隨著網路交易量達到 7 個月高位,比特幣 (BTC) 價格有望上漲,休眠幣重新進入流通
- 2024-10-09 22:15:19
- 在鏈上交易量增加和休眠比特幣重新進入流通的推動下,比特幣網路的活動顯著激增。