Does Bitcoin and Ethereum offer suitable hedging during Broad Equity Drawdowns? Pt. 1
Where Macro Meet Markets
Everyone is aware of cryptocurrency volatility, so the prevailing question is: does bitcoin and ethereum offer suitable hedging capabilities during broad equity drawdowns?
For baseline discussion, Beta hedging was utilized to create a foundation for further analysis.
Using daily data from the S&P 500 index gathered from the Federal Reserve Bank of St. Lou…