Digital gold no longer lives on the sidelines: why Bitcoin now moves with the S&P500
Thank you for the post! It clearly shows why the argument that Bitcoin acts as a hedge against the traditional financial system doesn’t really hold in the short term. How this will play out over the coming years and decades remains to be seen.
It seems we are moving towards digital gold, from a store of value to a crypto asset.
No SPAM please!
Thank you for the post! It clearly shows why the argument that Bitcoin acts as a hedge against the traditional financial system doesn’t really hold in the short term. How this will play out over the coming years and decades remains to be seen.
It seems we are moving towards digital gold, from a store of value to a crypto asset.
No SPAM please!