皇家视觉的杰米·库特（Jamie Coutts）说

随着全球市场面临的动荡不断上升，比特币（BTC）被证明比传统金融资产（如标准普尔500）更具弹性

Real Vision's chief crypto analyst, Jamie Coutts, has pointed out that Bitcoin (BTC) is outperforming the S&P 500 amid market panic, which is surprising considering BTC is more volatile than the U.S. stock market index.

Real Vision的首席加密分析师Jamie Coutts指出，比特币（BTC）的表现优于标准普尔500标准普尔500，这令人惊讶，考虑到BTC比美国股票市场更波动。

As global markets face increasing turmoil, Bitcoin has managed to remain more resilient than traditional financial assets, while the S&P 500 has suffered a steeper correction.

随着全球市场面临越来越多的动荡，比特币与传统金融资产相比，比特币保持更具弹性，而标准普尔500指数的纠正措施更加陡峭。

In a post on X, Coutts highlighted that Bitcoin's recent correction is smaller than the S&P 500's — despite BTC being more than twice as volatile.

在X上的一篇文章中，Coutts强调了比特币的最近更正要小于标准普尔500指数，尽管BTC的挥发性是两倍以上。

"BTC with 2.5x the volatility of the S&P 500 experienced a drawdown of 28% vs the S&P 500's 19%. That is a MASSIVE OUTPERFORMANCE," Coutts wrote.

库茨写道：“标准普尔500指数的波动性为2.5倍的BTC的波动率为28％，而标准普尔500分的19％。这是一个巨大的表现。”

This kind of performance underscores Bitcoin's evolving role as a hedge against fiat instability and a stronger store of value in times of macroeconomic distress.

这种性能强调了比特币在宏观经济困扰时期的对冲和更强大的价值存储的对冲。

Coutts suggested that while most risk assets are suffering sharp declines, Bitcoin's relative strength signals a deeper shift in how investors view the digital asset:

Coutts建议，尽管大多数风险资产的急剧下降，但比特币的相对强度标志着投资者如何看待数字资产的更深刻转变：

"What is happening right now is EPIC. Things are breaking... this time it will be nation states."

“目前正在发生的事情是史诗般的。事情正在破裂……这次将是民族国家。”

He believes that Bitcoin could soon take on a more central role in the global financial system, potentially becoming a settlement layer or even a collateral asset in future monetary systems.

他认为，比特币可能很快在全球金融体系中扮演更中心的角色，有可能成为定居层，甚至成为未来货币系统中的抵押品资产。