JPMorgan Points Out Bitcoin’s Failure to Attract Safe Haven Demand
JPMorgan’s recent analysis shows that Bitcoin has not successfully attracted the same safe-haven demand that gold enjoys. In a landscape where many investors are turning to gold for safety during turbulent times, Bitcoin’s inability to lure these investors raises questions about its role in a diversified portfolio. This trend may signal a shift in investor sentiment, linking Bitcoin’s performance to broader market movements rather than as an independent store of value. By carefully analyzing these insights, investors can better strategize asset allocation to optimize returns in a fluctuating market.