Bitcoinist
2019-08-15 21:00:29

Bitcoin is Not Acting Like Safe-Haven: Ikigai Founder

Bitcoin is not behaving like a safe-haven asset as fears of recession shadows over the US economy, believes Travis Kling of multi-strategy crypto asset hedge fund, Ikigai Asset Management. Bitcoin Yet to Shine The founder & CIO on Wednesday referred to bitcoin’s dwindling price action against an already gloomy macroeconomic outlook. Recognizing that investors should have perceived the cryptocurrency as a safe-haven asset by now, Kling doubted whether or not the nascent asset is readyRead MoreThe post Bitcoin is Not Acting Like Safe-Haven: Ikigai Founder appeared first on Bitcoinist.com.

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