“The recent surge in the value of Bitcoin can simply be attributed to the general population treating Bitcoin as a global currency and protection asset. In other words, Bitcoin has officially become a global safe haven asset.”
At New Highs, Bitcoin Is a Global Safe Haven Asset | FEE
The market cap of Bitcoin surpassed the $14 bln margin for the first time in history, breaking its all-time record high previously set in 2014. The surging value of Bitcoin led to extensive mainstream media coverage and social media attraction, with Bitcoin earning a spot on the trending section of…
https://fee.org/articles/at-new-highs-bitcoin-is-a-global-safe-haven-asset/