Analysts of Delphi Digital company told that in 2019 Bitcoin is the most profitable asset – in May of this year the first cryptocurrency rate has increased by 60%.
“It`s interesting, that Bitcoin rate growths, while all other more classical assets and stock markets continue being under pressure of sellers. May results are especially important, taking into account weak indicators of other assets”, – the analysts stressed.
Researchers have also noted. although investors leave risky assets, Bitcoin investments stay untouched. Stock market is subjected to pressure in connection with trading war between the USA and China, and investors fear that economic growth may slow down.
“This time investors didn`t sell bitcoins, despite expected increased asset volatility. Of course, it`s too early to sum up the year, but BTC has confirmed absence of correlation with other assets”, – Delphi Digital experts stressed.
Investment resource BitcoinDoubler2x notes, that the other day well-known cryptocurrency enthusiast and founder of crypto bank Galaxy Digital Michael Novogratz has expressed his confidence, that at the nearest time Bitcoin rate will consolidate in range from $7 000 to $10 000.