The Capital
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The Capital

Bitcoin Is Not “Digital Gold” — Yet

Source photo Unspash

Bitcoin has fallen below $40,000, while gold has risen beyond $1900.

There is constant discussion about Bitcoin replacing gold as a safe-haven asset, but recent market behavior suggests that Bitcoin and other cryptocurrencies are still a long way from achieving this aim.

Traders rushed into safe-haven assets, causing Bitcoin to suffer

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Vremaroiu Alin

Vremaroiu Alin

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