Is bitcoin a safe-haven asset?
July 3, 2019

From the Financial Times:

Bitcoin is back. But it is a bumpy ride.

Since the beginning of June, prices for the cryptocurrency have rushed 50% higher – a resurgence that followed a year of lackluster trading after the price bubble at the end of 2017 popped.

So far, the rally is still a shadow of that 2017 surge, which took prices to almost $20,000. It is also unstable; prices collapsed 10& in minutes on June 26, with no obvious cause. Still, at just under $12,000 on Friday, this is a hefty recovery from under $8,000 at the start of June.

Continue reading at the Financial Times...

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