$12B Advisory Group CEO: BTC is Safe Haven Asset Amid Political Tension

Cointelegraph

Published Jul 28, 2020 01:44AM ET

Updated Jul 28, 2020 03:20AM ET

Nigel Green, the CEO and founder of financial consultancy firm deVere Group, says Bitcoin’s recent bullish activity shows it has the power to replace proven safe haven assets like gold.

In a statement on the deVere Group’s website posted July 27, Green said Bitcoin (BTC) is currently living up to its namesake as “digital gold” while it and other cryptocurrencies are more likely to be seen as safe haven assets.

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