Is Bitcoin Not a Safe Haven? Crypto Crashes in Tandem With Dow
Over the past few months, Bitcoin (BTC) has been lauded by economists, investors, and commentators as an up-and-coming “safe haven” asset.
You see, during a period of global turmoil, the cryptocurrency has managed to outpace effectively every other asset class in the books.
Related Reading: What is Driving the Bitcoin Price Under $10,000? Crypto VC Weighs In
As reported by NewsBTC, since the U.S. kicked off its latest trade war with its economic rival, China, Bitcoin has gained 105%.
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