Bitcoin's Sharpe ratio hits lowest since 2022—risk per unit of return sinking

Sharpe ratio measures return relative to volatility; BTC's slide signals the asset is delivering weaker excess returns compared to the swings you're taking to get them. When this metric compresses, it's a yellow flag that the risk/reward calculus has tilted unfavorably.

Bitcoin, when it matters — Telegram, X, your inbox, your lock screen.