Correlation and bitcoin as a safe haven, the misunderstanding
No, bitcoin is not a safe haven because it goes up when there is global instability. It is because of its two unique properties. One being that it is uncorrelated with all other asset classes over time, and the other being that it is censorship resistant.
Arcane Research has taken a closer look at the bitcoin futures trading activity on CME in its latest weekly report. Increased activity there may have contributed to the sharp rise in prices we have seen so far in 2020.
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