Bitcoin has rebounded to around $75,000 ahead of the flagship Bitcoin Conference in Las Vegas next week, but past data show rallies often did not last after the event. Market participants are watching whether this year again follows a “sell the news” pattern. Data compiled for 2019 to 2025 indicate bitcoin tended to rise before the conference, turn mixed during it and weaken sharply afterward, sometimes within days to weeks.

A portfolio that includes both bitcoin and gold has delivered better long-term performance, Citi analysis showed. Reviewing the past 10 years of bond- and stock-focused portfolios, Citi said efficiency improved when the two assets were held together rather than treated as substitutes. A report said adding 5 percent gold alone raised efficiency, and splitting part of that allocation into bitcoin improved results further. The mix outperformed a traditional 60/40 portfolio in bond rallies and in periods of bearish steepening after 2020.