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Standard Chartered Bank: Bitcoin is not a safe haven from geopolitical risks, but it's still worth buying on dips
Bitget2024/10/03 16:53
BlockBeats reports, on October 4th, Geoff Kendrick, the global head of digital asset research at Standard Chartered Bank, stated that "Gold is a geopolitical hedging tool. BTC is not a safe haven against geopolitical risks but it can hedge against issues like bank failures or de-dollarization and problems with U.S. Treasury bonds." Therefore, he still recommends investors to buy in when prices are low.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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