2502, 2022
Bitcoin’s drop shows no safe-haven status, gold not much better
As the Ukraine conflict began, Gold rallied and then faltered, while Bitcoin faltered and then rallied. Global markets continue to be unpredictably volatile. Will the real safe haven please stand up?
1503, 2020
Bitcoin’s safe-haven status falters
This week the World Health Organization finally declared the COVID-19 Coronavirus a pandemic. Shortly afterward, all global financial markets tanked. Bitcoin crashed to $3,800, dropping 40% in one day, disproving Bitcoin’s status as a safe-haven.
706, 2018
Italexit prompts speculation that bitcoin is a new ‘safe haven’ asset
Rather than acting as a currency, which was Satoshi’s vision, is Bitcoin now behaving more like a traditional safe-haven asset?
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