You are currently viewing Traders Prefer Gold, Fiat Safe Havens Over Bitcoin as Russia Goes to War

Traders Prefer Gold, Fiat Safe Havens Over Bitcoin as Russia Goes to War



Dibb added that the combination of war, supply constraints, booming commodity prices and zero rates is a textbook recipe for stagflation. While the crypto community still strongly considers bitcoin as a better store of value, past data shows the cryptocurrency is predominantly a risk-on inflation hedge, meaning it outperforms other assets when investors are willing to take risks.



Source link

Leave a Reply