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Bitcoinist 2019-08-20 20:00:06

Bitcoin’s Safe Haven Status Now More Relevant Than Ever

Bitcoin has consolidated its safe-haven status especially amid the mass demonstrations in Hong Kong and global uncertainty, Circle CEO Jeremy Allaire hinted in an interview with CNBC’s Squawk Box. Circle CEO Sees Increased Demand from Holders On August 19, Circle’s Allaire said that investors were still attracted by non-sovereign digital assets such as Bitcoin. The coin’s safe-haven status becomes more evident despite the recent bearish mood. Last week, Bitcoin broke below the $10,000 on ThursdayRead MoreThe post Bitcoin’s Safe Haven Status Now More Relevant Than Ever appeared first on Bitcoinist.com.

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