The Coin Detective
Coins:
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Market cap:
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Volume 24h:
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BTC dominance:
58.3%

Bitcoin’s Safe Haven Status Bolstered by Treasury Underperformance, Mohamed El-Erian Says

By coindesk.com on November 1, 2023


Bitcoin (BTC) is emerging as a safe haven asset, with the U.S. Treasury bonds falling out of favor in the wake of the Israel-Hamas conflict, according to Mohamed El-Erian, chief economic advisor at German financial services firm Allianz. “You have pe...

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