The narrative positioning Bitcoin (BTC) as a secure, uncorrelated asset has been challenged recently, with the digital currency underperforming the ultra-safe U.S. Treasury market. This unusual trend reflects a significant “risk-off” sentiment gripping global financial markets, where investors are favoring guaranteed, low-risk returns over the volatile, speculative nature of cryptocurrencies. The Pull of Higher Risk-Free …
Continue reading "Bitcoin Underperforms US Treasuries as Macro Headwinds Drive ‘Flight to Safety’"
The post Bitcoin Underperforms US Treasuries as Macro Headwinds Drive ‘Flight to Safety’ appeared first on Cryptoknowmics-Crypto News and Media Platform.