Bitcoin has twice the turnover of Apple

Over the past six months, Apple ( AAPL ) has managed to be shy stay in the green zone with +4% despite the macroeconomic situation, the difficulty of finding raw materials that has affected the technology companies the most, and inflation and war that have triggered a large market decline.

Bitcoin records twice the volume traded by Apple stock

In the past month in particular, Apple has jumped 14%, showing how investors believe in the stock and its future. Despite this, there are those who do even better, and not by a small margin.

According to 30-day trading volume data, a striking number emerges. In fact, Bitcoin’s trading volume is twice as high as for a solid and recognized company like Apple.

The feeling is that investors have in a sense switched roles. The Apple company is increasingly seen as a safe harbor assetwhile BTC is idealized as a resource for trading, when it should be understood more from a long-term perspective.

The trend appears to be set, but some evidence suggests that it will not last long.

With Bitcoin at or near the bottom, crypto is in a stalemate that may end soon, according to most analysts.

Apple, for its part, is looking forward to July 27 and 28 not only for the data on inflationBNP and Fed counter-moves, but also because it is a very important date for the company itself.

On July 28, appleits quarterly report will be released and commented on, which will decree its behavior among investors in the market depending on whether it will be above or below stated expectations.

This set of factors can significantly affect the average trade and perhaps lead to a reversal in the Apple-BTC ratio.

Apple is currently at +0.35%, stationary from yesterday’s day with largely equal trade.

Serious macroeconomic conditions put stocks in trouble

According to most investors, the Cupertino company will hit its targets by outperforming, provided no one has any certainty about this. If so, it will be a nice confirmation for the company, which also met the market’s expectations in the previous quarter.

The GDP and CPI data can be heavy influence the development of shares and therefore also AAPL. If the quarterly report goes well, it may contain the damage, but if not, the stock may suffer some deviations.

What is certain is that the trading volume, and presumably the volatility of the share, will increase, and that alone will be able to restore a balance in relation to Bitcoin.