Data Shows Investors are Flocking to Bitcoin as Traditional Safe Havens Falter

Cryptocurrency investors were quite disturbed to see Bitcoin trade as a firmly risk-on asset when it closely mirrored the weakness seen by the traditional markets as investors began to understand the depth of the Coronavirus pandemic’s implications. Bitcoin’s weakness reached a boiling point in early-March, when the poor performance seen by the S&P 500 and…

44 total views, 1 views today

Author: toutiao