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. ๐
JUST IN: Fidelity Digital Assets reports Bitcoin holdersโ unrealized profits jumped from 0.09 to 0.36 last quarter ๐
โHistorically, periods when BTCโs NUPL score hovered around 0.36 (ยฑ0.05) have coincided with a median one-year return of 93%.โ ๐