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Bitcoin Is Rallying. Is Crypto Digital Gold Again?

Por: MarketWatch Business October 28, 2023

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Traders flocked to gold as conflict in the Middle East erupted. While proponents long dubbed Bitcoin “digital gold,” it hasn’t always performed as a haven asset. But that may be changing. “In an analysis from 2015 onward, Bitcoin has responded positively to increased geopolitical risk,” says Butterfill. Meanwhile, fell 5% for the week amid a wider tech selloff. Coinbase is a Bitcoin proxy; while a spot ETF won’t be traded on... + full article



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