Bitcoin Fails to Impress as a Gold Hedge, Says Investment Chief

IconCrypto News Terminal21 Apr, 2024

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Bitcoin Fails to Impress as a Gold Hedge, Says Investment Chief

Chief Investment Officer of a global consulting firm has dismissed Bitcoin as a gold hedge. While acknowledging Bitcoin's surge in popularity, he emphasized that gold has stood the test of time as a safe haven asset, while Bitcoin remains highly volatile and speculative. He believes investors should stick with traditional hedges like gold for preserving capital. Previously on 20 April 2024 -