Fidelity: Bitcoin could surpass gold to become the dominant store-of-value asset

TechFlow news, May 4 — According to News.Bitcoin, Fidelity's Director of Global Macro Jurrien Timmer recently analyzed that Bitcoin may be poised to take over the leadership in store of value from gold. In terms of Sharpe ratio, gold currently stands at 1.33, while Bitcoin is at -0.40, a signal suggesting the two assets might be nearing a "handover." Timmer recommends investors consider a portfolio allocation of gold to Bitcoin in a 4:1 ratio, and emphasizes that Bitcoin performs best when monetary supply (M2) and the stock market expand simultaneously.