Bitcoin Actually Declines Off of Political Uncertainty, Bombshell Study Finds

It might not be a good idea to purchase bitcoin as an insurance asset against this year’s nailbiting US presidential election.
That is according to a new study that doubts bitcoin’s credential as a safe-haven asset against a mounting political uncertainty. Author Tobias Burggraf, a research assistant at WHU Otto Beisheim School of Management, found that the cryptocurrency’s price goes down whenever governmental risks are high.
The report used two class of variables: O