Sentences with phrase «haven asset now»
«Cryptocurrencies are seen as a safe haven asset now from global macroeconomic events such as currency devaluation or even events like the «Brexit».»
https://www.coindesk.com/ Not exact matches
Preserving capitalin volatile times is an art in itself, but one analyst says the safe haven play is now creating bubbles in safe haven assets, indicating losses could be just around the corner.
Regardless of bitcoin's supposedly safe - haven status, right now it's acting like a risk asset — a risk asset with a lot more beta.
But when inflation is strong, as it is now, it can push the Treasury yield into subzero territory, prompting many investors to move into other so - called safe haven assets, including gold.
Bitcoin, now being considered as a safe haven asset also experienced an increase in demand as investors / traders shifted from Altcoins to Bitcoin.
Not only it has given huge returns to investors and traders, but also it is now being considered as a Safe Haven Asset.
This happened because Bitcoin is now somewhat considered as a safe haven asset and in times of war, Bitcoin demand may increase causing rise in prices.
Bitcoin is now considered to be a somewhat Safe haven asset and hence, it's price shooted up because of the rise in demand during the panic time
Now, however, investors point to the use of gold as a safe - haven asset, arguing that Bitcoin serves the same purpose in cryptocurrency markets.