[Fidelity Report: Bitcoin Bull Market Will Redefine the Role of BTC in Modern Portfolio] PANews reported on May 24 that according to Cointelegraph, the latest research report on Fidelity Digital Assets pointed out that the current Bitcoin bull market will reshape its positioning in the modern portfolio. According to the data, Bitcoin's hashrate has increased by 50% since the halving in April, and the realized cap has jumped 63% to $915 billion, reflecting increased market confidence. The report highlights three major characteristics of this cycle: 1) the cumulative inflow of spot ETFs after approval is US$134 billion; 2) Institutional holdings reached a new high, with listed MicroStrategy holding 576,000 BTC, and 3) the Puell Multiple indicator stabilized, indicating that the market has adapted to the low issuance after the halving. The price of Bitcoin rose 31% after the halving and recently reached a new all-time high. Daniel Gray, senior analyst at Fidelity, believes that Bitcoin's network resilience and institutional engagement are at an all-time high, and its position as a mature asset class is being established. #BTC #DOGE