Fidelity: Bitcoin Has Been Very Resilient

utoday03-20

Bitcoin is demonstrating remarkable resilience, according to new analysis from Fidelity Investments.Jurrien Timmer, Director of Global Macro at Fidelity, recently took note of a striking divergence in...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2621764417?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-20 18:08","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2621764417","market":"sg","top_or_hot":-1,"title":"Fidelity: Bitcoin Has Been Very Resilient","media":"utoday","content":"<div>\n<p>Bitcoin is demonstrating remarkable resilience, according to new analysis from Fidelity Investments.Jurrien Timmer, Director of Global Macro at Fidelity, recently took note of a striking divergence in...</p>\n\n<a href=\"https://u.today/fidelity-bitcoin-has-been-very-resilient\">Source Link</a>\n\n</div>\n","source":"utodaynews_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fidelity: Bitcoin Has Been Very Resilient</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFidelity: Bitcoin Has Been Very Resilient\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-03-20 18:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://u.today/fidelity-bitcoin-has-been-very-resilient><strong>utoday</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin is demonstrating remarkable resilience, according to new analysis from Fidelity Investments.Jurrien Timmer, Director of Global Macro at Fidelity, recently took note of a striking divergence in...</p>\n\n<a href=\"https://u.today/fidelity-bitcoin-has-been-very-resilient\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BTC","symbol_name":"Grayscale Bitcoin Mini Trust","start_time":0,"source_url":"https://u.today/fidelity-bitcoin-has-been-very-resilient","article_id":"2621764417","we_media_id":null,"thumbnails":[],"rights":{"source":"utodaynews_highlight","url":"https://u.today/fidelity-bitcoin-has-been-very-resilient","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2621764417","pubTimestamp":1774001280,"columns":[],"sourceInfo":{"source_id":"utodaynews_highlight","name":"u.today"},"weMediaInfo":null,"summary":"Timmer aruges the market may be \"sniffing out\" a massive paradigm shift rather than just reacting to short-term technicals. First of all, markets may be preemptively pricing in the political and fiscal shifts expected from the upcoming U.S. mid-term elections.The era of monetary policy  may be taking a backseat to fiscal dominance.In his most provocative thesis, Timmer questioned if the market is preparing for a future where artificial intelligence aggressively displaces human labor. Such a shift could force governments to adopt Modern Monetary Theory  and implement Universal Basic Income .If the market is indeed pricing in a future of endless deficit spending and currency debasement to fund an AI-disrupted society, Bitcoin's current resilience may be its core value proposition playing out in real-time.","collect":0,"end_time":0,"defaultTopTitle":"u.today","property":[],"viewcount":null,"language":"en","relate_stocks":{"83042":"华夏比特币-R","BTC":"Grayscale Bitcoin Mini Trust","03008":"博时比特币","BITX":"2倍比特币期货ETF-Volatility Shares","BITO":"比特币期货ETF-ProShares","FBTC":"比特币ETF-Fidelity","03042":"华夏比特币","BK7007":"医疗保健设备","BK4588":"碎股","BK1611":"加密货币现货ETF","03439":"嘉实比特币","BK4585":"ETF&股票定投概念","BK4594":"比特币ETF概念","BK4601":"加密货币现货ETF"},"translate_title":"富达：比特币一直非常有弹性","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"83042":0.6,"BITO":0.6,"BITX":0.6,"03042":0.86,"03439":0.86,"BTC":1.98,"FBTC":1.91,"03008":0.86},"content_text":"Bitcoin is demonstrating remarkable resilience, according to new analysis from Fidelity Investments.Jurrien Timmer, Director of Global Macro at Fidelity, recently took note of a striking divergence in the financial markets throughout March 2026. Despite macroeconomic headwinds that typically crush non-yielding assets, Bitcoin has held its ground.The $60,000 floorThe crypto market spent recent weeks searching for a local bottom, and Timmer pointed to the $60,000 level as a critical structural support.He acknowledged the possibility of brief dips below this threshold, Timmer noted that fundamental valuation models support this floor. \"Based on the power law support line and the gold/Bitcoin ratio, I believe that level should act as a floor,\" he explained.The most fascinating development, according to Timmer, is how different asset classes are reacting to the current environment. Typically, upward pressure on bond yields and a surging U.S. dollar index would trigger aggressive sell-offs in assets like Bitcoin. Instead, the opposite is happening.A recent chart shared by Timmer detailing 52-week Sharpe Ratios (a measure of risk-adjusted return) illustrates this perfectly. The data, updated through mid-March 2026, shows that the risk-adjusted performance of both Bitcoin and Ethereum is recovering sharply. Conversely, the rest of the traditional asset class spectrum, such as the S&P 500 and standard 60/40 portfolios, has been weakening. The only major outlier joining crypto in the green is the commodities sector (BCOM).So, why are Bitcoin and bond yields rising while risk assets fall and the dollar remains heavily bid?Timmer aruges the market may be \"sniffing out\" a massive paradigm shift rather than just reacting to short-term technicals. First of all, markets may be preemptively pricing in the political and fiscal shifts expected from the upcoming U.S. mid-term elections.The era of monetary policy (central banks controlling the economy via interest rates) may be taking a backseat to fiscal dominance.In his most provocative thesis, Timmer questioned if the market is preparing for a future where artificial intelligence aggressively displaces human labor. Such a shift could force governments to adopt Modern Monetary Theory (MMT) and implement Universal Basic Income (UBI).If the market is indeed pricing in a future of endless deficit spending and currency debasement to fund an AI-disrupted society, Bitcoin's current resilience may be its core value proposition playing out in real-time.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.38.0","shortVersion":"4.38.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2621764417","isCrawlerRequest":true}