The Coin Detective
Coins:
1946
Market cap:
$ 3455.88B
Volume 24h:
$ 422.61B
BTC dominance:
56.1%

Bitcoin’s Changing Correlations May Mean It’s Becoming a Haven Again, BofA Says

By finance.yahoo.com on October 24, 2022


(Bloomberg) -- Bitcoin’s movements in relation to other assets may indicate that investors see it becoming a haven again, after a stretch where it’s traded basically as a risk asset, according to Bank of America Corp.Most Read from BloombergWall Street Is Heading to Saudi Arabia as US Oil Spat SimmersRussian Oil Logistics in Chaos Ahead of Looming SanctionsSunak Edges Closer to UK Leadership Prize as Johnson CavesTSMC Suspends Work for Chinese Chip Startup Amid US CurbsThe largest cryptocurrency

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Related coins: Bitcoin, Safe Haven