Fidelity Digital Assets says Bitcoin has outperformed gold by 58% since February 28:
This suggests "investors may increasingly see it as a safe haven."
Its Q4 Signals report adds that Bitcoin may have already hit a cyclical bottom, with possibly more room to run. 👀
JUST IN: Fidelity Digital Assets reports Bitcoin holders’ unrealized profits jumped from 0.09 to 0.36 last quarter 👀
“Historically, periods when BTC’s NUPL score hovered around 0.36 (±0.05) have coincided with a median one-year return of 93%.” 🚀