Bitcoin is trading around $64,085, up about 3.3% for the month. Even as a hawkish Federal Reserve and renewed Middle East tensions keep markets on edge, the waters are steadily calming for the premier cryptocurrency.
Bitcoin may be near $75,750, but CoinShares co-founder, president and CEO Jean-Marie Mognetti says markets are misreading the moment. That could have lasting implications for how investors build portfolios.
After teasing cryptocurrency market participants with a move above $80,000, bitcoin is now flirting with its lowest levels in close to a month. However, evidence indicates that bitcoin's bumpy ride isn't scaring away some investors.
A four percent allocation to bitcoin lifted annualized returns in balanced portfolios to 17% from 11.1% since 2017 while adding only one percentage point to maximum drawdown, according to a recent CoinShares report. Key Takeaways: Four percent bitcoin allocation boosts portfolio returns to 17% annually while adding only 1% to max drawdown Bitcoin fell 4.
Digital asset investment products recorded $1.07 billion in outflows during the week ending May 18, marking the first negative week in seven and the third-largest weekly outflow of 2026, according to CoinShares reporting. Key Takeaways: Digital asset funds saw $1.07 billion in outflows, ending a six-week positive streak on Iran-related tensions.
Bitcoin exchange-traded products recorded around $1 billion in inflows during the week ending April 24, extending a recovery that began after five consecutive weeks of outflows, according to recent data from CoinShares. Key Takeaways: Bitcoin ETFs recorded around $1B in weekly inflows, pushing YTD flows to around $2.4B after reversing a five-week outflow streak.
There's no arguing with the data. Bitcoin and the related ETFs providing spot exposure to the largest cryptocurrency are saddled with year-to-date losses, extending bearishness that started last year.
These days, it's hard being a Bitcoin bull. As of midday Tuesday, the largest cryptocurrency was off 3.52% over the prior week, a downside that included another wave of weekend liquidations of leveraged long positions across major exchanges.
Bitcoin is currently trading below the average cost of production for listed miners, a situation that historically doesn't last long, according to recent CoinShares research. The average production cost for publicly traded bitcoin mining companies sits around $74,600, per the report.
At this juncture, most investors know that bitcoin and other cryptocurrencies are being taken to task this year. As of midday Thursday, February 5, bitcoin's seven-day loss was in excess of 22%.
CoinShares Bitcoin ETF receives a Hold rating amid ongoing Bitcoin price declines and shifting investor sentiment toward risk-off assets. BRRR has experienced less severe fund outflows than peers, but its relatively thin liquidity and Bitcoin's high volatility remain concerns for active traders. Bitcoin's intrinsic value remains speculative, with price driven solely by supply and demand, making timing a bottom highly uncertain.
President Trump really doesn't like Federal Reserve Chair Jerome Powell. Over the weekend, the Justice Department made clear Powell is the target of an investigation pertaining to his congressional testimony and the central bank's plans to build a new $2.5 billion headquarters.