Cryptoknowmics
2023-04-27 08:23:03

Despite Rising Correlations To Gold, Bitcoin Remains A Safe-Haven Asset

The age-old commodity has emerged as a surprising ally for Bitcoin, the digital currency that was once regarded as a volatile investment gold. The connection between the alpha crypto and the valuable metal has consistently expanded, giving investors a place of refuge notwithstanding the continuous financial emergency and increasing loan fees. With the banking crisis looming, Bitcoin outshines gold Investors are turning to Bitcoin as a safe haven for their money as the banking crisis continues to wreak havoc on the financial sector. As a matter of fact, many are picking crypto over the conventional place of refuge, gold, due The post Despite Rising Correlations To Gold, Bitcoin Remains A Safe-Haven Asset appeared first on Cryptoknowmics-Crypto News and Media Platform .

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