{"id":18750,"date":"2025-03-24T11:31:39","date_gmt":"2025-03-24T11:31:39","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=18750"},"modified":"2025-03-24T11:31:39","modified_gmt":"2025-03-24T11:31:39","slug":"bitcoin-could-replace-tesla-in-magnificent-7-to-boost-returns-reduce-volatility-standard-chartered","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=18750","title":{"rendered":"Bitcoin Could Replace Tesla In &#8216;Magnificent 7&#8217; To Boost Returns, Reduce Volatility: Standard Chartered"},"content":{"rendered":"<div>\n<p><strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) may have outgrown its status as just a <a href=\"https:\/\/in.benzinga.com\/25\/03\/44281569\/rumble-buys-bitcoin-a-valuable-hedge-against-inflation\">hedge against traditional finance risks<\/a> and is increasingly behaving like a Nasdaq-listed tech stock, according to new research from <strong>Standard Chartered<\/strong>&#8216;s Head of Digital Asset Research, <strong>Geoffrey Kendrick<\/strong>.<\/p>\n<p><strong>What Happened: <\/strong>In a note shared with Benzinga Monday, Kendrick highlighted how Bitcoin&#8217;s short-term trading patterns are highly correlated to the Nasdaq Composite, suggesting BTC is serving a dual role in modern portfolios.<\/p>\n<p>While Bitcoin has long been positioned as a buffer against TradFi turbulence\u2014such as the <a href=\"https:\/\/www.benzinga.com\/general\/24\/05\/39029080\/silicon-valley-bank-to-sell-9-8-billion-venture-capital-arm-for-340-million-a-year-after-1-8-billion\">Silicon Valley Bank collapse<\/a> in March 2023\u2014the report finds that, on shorter timelines, the cryptocurrency moves closely in tandem with U.S. technology stocks.<\/p>\n<p>To illustrate this, Standard Chartered created a hypothetical index dubbed \u201cMag &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/03\/44454730\/bitcoin-could-replace-tesla-in-magnificent-7-to-boost-returns-reduce-volatility-standard-c\" alt=\"Bitcoin\" could replace tesla in to boost returns reduce volatility: standard chartered>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (CRYPTO: BTC) may have outgrown its status as just a hedge against traditional finance risks and is increasingly behaving like a Nasdaq-listed tech stock, according to new research from Standard Chartered&#8216;s Head of Digital Asset Research, Geoffrey Kendrick. What Happened: In a note shared with Benzinga Monday, Kendrick highlighted how Bitcoin&#8217;s short-term trading patterns [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-18750","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/18750","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18750"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/18750\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}