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Is Bitcoin a Safe-Haven Asset? | Chart of the Day

CoinDesk
141K subscribers
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233 views 11 months ago #digitalfinance #bitcoin #crypto
Data from Kaiko shows that recent escalation of the conflict in the Middle East has led to increased demand for safe-haven assets, but bitcoin has not benefited from this trend. The largest cryptocurrency by market cap saw its value drop 6% in April, while gold and the U.S. dollar have rallied. CoinDesk's Jennifer Sanasie presents "Chart of the Day." #cryptocurrency #digitalfinance #finance #bitcoin #crypto #btc #chartoftheday Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk... Site: https://www.coindesk.com Twitter:   / coindesk   LinkedIn:   / coindesk   Instagram:   / coindesk   Facebook:   / coindesk   Newsletters: https://www.coindesk.com/newsletters CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkv... Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8B... CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community. ...more
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Is Bitcoin a Safe-Haven Asset? | Chart of the Day
4Likes
233Views
Apr 252024
Data from Kaiko shows that recent escalation of the conflict in the Middle East has led to increased demand for safe-haven assets, but bitcoin has not benefited from this trend. The largest cryptocurrency by market cap saw its value drop 6% in April, while gold and the U.S. dollar have rallied. CoinDesk's Jennifer Sanasie presents "Chart of the Day." #cryptocurrency #digitalfinance #finance #bitcoin #crypto #btc #chartoftheday Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk... Site: https://www.coindesk.com Twitter:   / coindesk   LinkedIn:   / coindesk   Instagram:   / coindesk   Facebook:   / coindesk   Newsletters: https://www.coindesk.com/newsletters CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkv... Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8B... CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community.

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CoinDesk

141K subscribers