Prominent Investor: Mainstream Finance Is Now Considering Bitcoin As a Safe Haven Asset5.8

Over the last month as trade tensions between the United States and China heat up, adding pressure to an already delicate global economic fabric, both gold and Bitcoin have began to take off and rally.

However, it’s not just gold and Bitcoin, it’s actually other safe haven assets such as Swiss francs or the Japanese yen as well – two foreign exchange currencies that often are looked to for their stability. It’s caused one prominent investor to suggest that mainstream finance is finally starting to look at Bitcoin in the same light – as a potential safe haven asset during times of economic turmoil, joining the ranks of many other assets that are often used as a flight to safety

Original source
https://www.newsbtc.com/2019/07/04/bitcoin-gold-safe-haven-asset/

Add comment

Please Sign in to be able to leave comments.