WisdomTree's June Crypto Monthly argues that while digital assets experienced another difficult month, Bitcoin continues to compare favourably with gold and remains supported by improving long-term fundamentals.
- WisdomTree estimates that Bitcoin is approximately 9% undervalued relative to gold using its proprietary Bitcoin-in-Gold (BiG) model, with further upside under more supportive macro scenarios.
- Despite broad price declines across digital assets, Bitcoin continued to outperform most major altcoins while maintaining relatively low realised volatility compared with the rest of the crypto market.
- The report also highlights Bitcoin's diversification benefits within traditional portfolios, arguing that modest allocations have historically improved long-term risk-adjusted returns while maintaining relatively low correlation with conventional asset classes.
Read the full report for WisdomTree's latest views on crypto markets, Bitcoin, digital asset flows and portfolio allocation.