Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Is Bitcoin truly a safe-haven asset?
by
Unibiker
on 07/07/2021, 20:02:29 UTC
⭐ Merited by Ratimov (1)
Bitcoin is definitely not as safe-haven of an asset as many would like to believe. The charts trend very similarly to the stock markets at times and when big dips happen in the economy, bitcoin generally follows. As many have already noted, its more of a digital gold than a hedge against the global economy, not directly correlated, but definitely connected.