There's another reason why bitcoin is trailing gold and not acting as a safe haven - CNBC

Bitcoin is currently underperforming compared to gold, largely due to its volatility and perception as a speculative asset rather than a reliable safe haven. Analysts suggest that market conditions and investor sentiment play crucial roles in Bitcoin's inability to act as a store of value during economic uncertainty, contrasting sharply with gold's historical performance in such scenarios.

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Source: Google News Crypto · Report an issue