Bitcoin Sharpe Signal Falls to -0.277 on Binance as Risk-Adjusted Returns Deteriorate

Bitcoin's Sharpe Signal metric on Binance has declined to approximately -0.277, reflecting deteriorating risk-adjusted returns for market participants, according to data from Arab Chain. The negative reading coincides with Bitcoin trading around $101,747. The metric had maintained values above 0.2 between July and September, a period that aligned with positive price momentum.