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Cryptopolitan 2019-08-20 23:23:02

Is Bitcoin safe-haven a reality? Not yet, say cryptocurrency experts

Due to the most recent US-China commerce restrictions, Bitcoin safe-haven gained approximately one hundred five percent (105%). Recession rumors apparently have pushed investors to acquire cryptocurrencies and thus, a place of security in Bitcoin. Such statistical figures do cement its credentials as a safe haven in desperate times in comparison to foreign currencies, stocks, and bonds. But for how long is Bitcoin a safe haven? The world markets are in for upheaval due to mixed reasons. Financial experts anticipate an incoming recession due to US-China commerce wars and geopolitical conflicts located particularly in the South Asian region. Bitcoin has warded

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