Bloomberg reports that the returns on stocks and bonds this quarter have surpassed those of Bitcoin, potentially dampening the cryptocurrency hype. Global benchmarks for stocks, fixed income, and commodities have all outperformed the largest digital asset, with digital assets falling about 5% from early April to 1:15 p.m. Singapore time on Friday. Gold has also shown a clear advantage over tokens. Noelle Acheson suggests that Bitcoin miners selling off Bitcoin to cope with tougher conditions may be another reason for Bitcoin's recent lackluster performance. Miners receive Bitcoin as a reward for operating powerful computers that support digital ledgers. The reward is halved every four years, and the latest halving in April of this year has brought a more challenging environment for mining businesses.

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