In the comparison of major asset class returns over the past year, Bitcoin and Robinhood continue to show strong trends, while Ethereum and DeFi are experiencing an extended period of losses.
According to Artemis as of the 18th, Bitcoin has risen 60.6% over the past year. Although slightly down from the previous week (63.0%), it still significantly outperforms traditional assets.
Gold rose 44.8%, slightly up from the previous week (43.4%), maintaining its trend as a defensive asset. The QQQ, centered on Nasdaq tech stocks, showed weakness at 9.8% compared to the previous week (14.8%), and the S&P 500 showed a slowdown in upward momentum at 10.4% compared to the previous week (13.6%).
Ethereum (ETH) expanded its losses to -27.8% compared to the previous week (-20.2%).
The DeFi sector continued its weak trend at -21.7% compared to the previous week (-17.3%). The on-chain fundamental-based Outerlands Fundamental Index (OFI) returned to a decline at -12.0% from 0% in the previous week.
Robinhood (HOOD) rose 242.2%, maintaining the highest annual return among all asset classes. It continued its long-term strong trend, rising again compared to the previous week (212.4%).
Coinbase (COIN) showed a positive trend, with its annual return rising to 6.4% from the previous week (4.7%).
While the upward momentum of traditional financial assets is slowing down, Bitcoin and Robinhood continue to show steady strong trends. In contrast, Ethereum and DeFi asset classes are struggling to find clear rebound momentum, remaining in a weak phase.
Real-time news...Go to Token Post Telegram
<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>
