Bitcoin and Gold ditched their safe-haven narratives to move alongside the risky U.S. equities amid a global healthcare crisis. While Bitcoin crashed to below $4,000 in an overnight dump on March 12, Gold logged its worst week in eight years. Both hedging assets suffered because of significant market manipulations in their market, according to researchers at the University of Sussex Business School. Why Bitcoin, a perceived safe-haven asset, did not rally in the face of […]
