Is Bitcoin a Safe Haven? 80% BTC Price Recovery Boosts Investor Appeal
Cointelegraph
Published Mar 26, 2020 05:40PM ET
Updated Mar 26, 2020 10:00PM ET
This week, as a $2 trillion economic stimulus package was put forth by U.S. lawmakers, the performance of major market indexes improved and the Dow registered its best day since 1933, gaining 11% after the major pullback of the last few weeks.
In the meantime, gold increased slightly over 5%. The recent market fall-out gave rise to Bitcoin (BTC) critics such as Peter Schiff claiming that “only fools are choosing Bitcoin” over gold as a safe-haven alternative in the market.
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Written By: Cointelegraph
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