Bitcoin Forum

Bitcoin is Not A Safe Haven and That’s OK

Now that the Brexit doom scenario has happened, there is a lot of uncertainty across the markets. Gold is surging, Bitcoin is holding stable, and capital markets are seeing significant losses. Notably, the Pound Sterling and Yuan are losing value right now. But unlike what many people expected, investors are not exactly fleeing to Bitcoin in droves.

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I don't see any reason why they would in the first instance; the price of bitcoin has gone up in recent times.