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Is Bitcoin Becoming the New Market Hedge?

For decades Gold has established itself as the defacto Market Hedge. Gold prices usually have an inverse relationship with the equity markets as well as the US Dollar.  Could we now be witnessing a shift from Gold to Bitcoin? An opinion piece in Forbes has a theory that the recent climb in the price of Bitcoin was not related to the upcoming ETF review or the more favorable regulatory environment. The move is attributed to an exodus of Chinese investors that were fleeing the recent drop in the Yuan. If this is true, it is interesting that the asset of

The post Is Bitcoin Becoming the New Market Hedge? appeared first on Forex Markets Live.



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Is Bitcoin Becoming the New Market Hedge?

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