Is Bitcoin a Safe-Haven Asset? | Chart of the Day

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Data from Kaiko shows that recent escalation of the conflict in the Middle East has led to increased demand for safe-haven assets, but bitcoin has not benefited from this trend. The largest cryptocurrency by market cap saw its value drop 6% in April, while gold and the U.S. dollar have rallied. CoinDesk’s Jennifer Sanasie presents “Chart of the Day.”

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