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Bitcoin & Cryptocurrencies Are Not a Safe-Haven like Gold – World Gold Council Report

In its latest report “Investment Update: Cryptocurrencies are not a safe-haven,” World Gold Council states cryptocurrencies may have a role to play in financial market but they aren’t a viable substitute to gold as a safe haven due to the price crash in late 2018 and Bitcoin futures market’s declining volume in the fourth quarter.

In its latest report “Investment Update: Cryptocurrencies are not a safe-haven,” World Gold Council states cryptocurrencies may have a role to play in financial market but they aren’t a viable substitute to gold as a safe haven due to the price crash in late 2018 and Bitcoin futures market’s declining volume in the fourth quarter.