Bitcoin Safe Haven
Global markets are always affected by macroeconomic issues that majorly impact a particular country or region. Many a times, mere speculation about an impending event causes volatility and moves the markets significantly. Whenever this happens, investors scurry to find a safe haven so as to move their investments and shield themselves from the negative impact of the event. Traditionally, gold has been the safe haven whenever there was a massive volatility.
Now that you can hold Bitcoin in an IRA, analysts expect this to become a popular assets as well.
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