for USD investors - the YTD performance is negative:
-18.15%
for EUR investors - the YTD performance is negative:
-16.70%
Looking at investor sentiment, the Bitcoin RSI (relative strength index) current reading is at neutral level
Intro: Bitcoin (BTC)Bitcoin is the world's first and most well-known cryptocurrency. It is like digital money that exists entirely online, without being controlled by any single bank, government, or central authority.
More detailsThe Bitcoin operates on a decentralized network of computers around the world. No single entity owns or controls it. This removes the need for intermediaries like banks to verify transactions.
Bitcoin is powered by a technology called blockchain. Imagine a vast, public digital ledger that records every single Bitcoin transaction ever made. This ledger is distributed across thousands of computers (called "nodes") globally. Each "block" in the chain contains a list of verified transactions, and once a block is added to the chain, it's incredibly difficult to alter or remove, making the system very secure and transparent.
Unlike traditional currencies which can be printed indefinitely, Bitcoin has a finite supply of 21 million coins. This scarcity is a key feature that some believe contributes to its value.
Bitcoin drivers (daily)
Bitcoin drivers
monitoring what influences the bitcoin price
What is driving the Bitcoin right now ?
Latest data pulled on: 23-03-2026
Summary
over the last month, investor sentiment (measured via rising stock prices in the S&P 500) has been a major influencing factor driving the bitcoin price
zooming out to the last year, given the weak correlations with a number of key drivers, the cryptocurrency has moved in an independent fashion over the past month, probably influenced by ad-hoc and specific news and political announcements or events the most relevant driver of the bitcoin price
In more detail, on bitcoin and US short-term yields
1-month daily correlation at 0.57: fair...the rising bitcoin price has been often moving alongside non-directional Treasury yields
1-year daily correlation at 0.39: mild... in general, the falling bitcoin price has been sometimes moving alongside rising Treasury yields
Intro: Bitcoin (BTC)Bitcoin is the world's first and most well-known cryptocurrency. It is like digital money that exists entirely online, without being controlled by any single bank, government, or central authority.
More detailsThe Bitcoin operates on a decentralized network of computers around the world. No single entity owns or controls it. This removes the need for intermediaries like banks to verify transactions.
Bitcoin is powered by a technology called blockchain. Imagine a vast, public digital ledger that records every single Bitcoin transaction ever made. This ledger is distributed across thousands of computers (called "nodes") globally. Each "block" in the chain contains a list of verified transactions, and once a block is added to the chain, it's incredibly difficult to alter or remove, making the system very secure and transparent.
Unlike traditional currencies which can be printed indefinitely, Bitcoin has a finite supply of 21 million coins. This scarcity is a key feature that some believe contributes to its value.