Bitcoin, once promoted by some investors as a hedge against geopolitical turmoil, is behaving like a liquidity-sensitive risk asset at a time when energy prices are climbing, and macro stress is spreading.
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Bitcoin, once promoted by some investors as a hedge against geopolitical turmoil, is behaving like a liquidity-sensitive risk asset at a time when energy prices are climbing, and macro stress is spreading.
Source: Read the original article
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