Bitcoin is a decentralized digital asset with a fixed issuance schedule, traded globally as a crypto-native store-of-value and risk-liquidity instrument.
Canonical asset packet first: fundamentals, macro index exposure, entry value, and active narrative alignment. Driver rows link back to the public index that moved the score.
| Index | Driver | Reason | Weight | Condition | Contribution | As Of |
|---|---|---|---|---|---|---|
| CMAI | Crypto Market Activity Index | crypto activity | 25% | crypto activity — headwind Near normal—/100Headwind -0.47σ | -0.144 | 2026-05-29 |
| BTLI | Bitcoin & Crypto Leverage Index | leverage cycle | 20% | leverage cycle — tailwind Near normal—/100Tailwind +0.23σ | +0.062 | 2026-05-29 |
| DXMI | Dollar Momentum Index | usd liquidity | 10% | usd liquidity — headwind Near normal—/100Headwind -0.26σ | -0.035 | 2026-05-29 |
Part of Crypto & Digital Assets Infrastructure · comparable · 3y thesis
Digital asset exposure moves through spot prices, liquidity, exchange activity, mining economics, and balance sheet sensitivity. Theme membership gives the app a clean way to show when crypto-linked assets are moving together.
Other assets exposed to the same themes as BTC — a cross-sector view, not a correlation or forecast.
What would make this thesis wrong, and where the near-term downside sits. Plain reads, not forecasts.
Invalidation analysis is deferred to v2 and will use contribution-weighted headwind thresholds.
