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…
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Author: toutiao