Bitcoin Gets Cold Feet as Gold Steals Safe-Haven Spotlight
Key Points
- Bitcoin's recent drop shows it's struggling to maintain its ...
Looks like Bitcoin forgot to wear its 'safe haven' cape this week, dropping faster than a trader's jaw during a flash crash. The once-mighty digital fortress has seemingly transformed into more of a digital sandcastle, washing away with each wave of market uncertainty.
Golden Child Makes Comeback
While Bitcoin stumbles through its existential crisis, gold - that shiny old-timer - is having quite the renaissance. The precious metal strutted its way to a 10% year-to-date gain, proving that sometimes the oldest tricks in the book are still the best ones. The Kobeissi Letter reports a "global ...
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