It is not just the Sharpe Ratio that is showing positive signs. Other metrics like network activity and trading volume have also been growing in the midterm (one to three months), adding more supportto the argument that the crypto is in a healthier state.
As of the latest data, is trading at approximately $27,069.73, and Ethereum is at about $1,677.89. These prices reflect the overall positive sentiment on the market, backed by the rising Sharpe Ratios.
The increase in the Sharpe Ratio for both Bitcoin and Ethereum is a promising sign for the crypto market. It suggests a recovering market where the risk-to-reward ratio is becoming more favorable for investors. Coupled with the growth in other metrics like network activity and trading volume, the rising Sharpe Ratio could be the catalyst that brings more investors into the crypto space.
This article was originally published on U.Today
Source: Cryptocurrency - investing.com
