Search results for "SAFE"

Geopolitical Turmoil! Dalio Declares "Gold is the Only True God," but Its Safe-Haven Performance Trails Bitcoin

As geopolitical tensions in the Middle East escalate, Bridgewater founder Ray Dalio questions Bitcoin and reaffirms gold as the preferred safe haven. Nevertheless, gold prices fell accordingly, while Bitcoin only experienced a slight correction, indicating that the correlation between the two is weakening. Dalio doubts Bitcoin's transparency and future risks, but he still maintains a small allocation of Bitcoin for diversification.
区块客·03-10 14:11

Geopolitical Turmoil! Dalio Declares "Gold is the Only True God," but Its Safe-Haven Performance Trails Bitcoin

Amid escalating geopolitical tensions in the Middle East, Bridgewater founder Ray Dalio reiterated the superiority of gold, expressing skepticism about Bitcoin and pointing out issues such as the lack of central bank backing. Nevertheless, the market reaction was not as he expected; gold plummeted significantly, while Bitcoin remained relatively stable and even increased slightly, indicating a decoupling of their price movements. Dalio's view on cryptocurrencies is not entirely bearish; he still holds a small amount of Bitcoin for diversification purposes.
区块客·03-09 14:10

Asia's stock markets experience their worst decline in years! Japan and South Korea indices plunge 6%, oil prices break through $110.

As Iran's military conflict escalates, Asian stock markets experience their worst decline in years. The Nikkei and South Korea's Kospi indices both fell over 6%, as market concerns about overlooking disruptions in energy supply increase. The US dollar rose due to safe-haven demand, while gold declined amid rising interest rate expectations. Cryptocurrencies also declined, reflecting the complex challenges facing the market.
ETH1,71%
MarketWhisper·03-09 05:10
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