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CoinGape 2022-02-24 10:28:07

Gold Outperforming Bitcoin in 2022 Amid Inflation And Russia-Ukraine War Threat

Bitcoin’s latest tumble, as the Russia-Ukraine conflict intensified, saw it diverge further from gold this year, raising more questions over the token’s viability as a safe haven. Bitcoin prices slumped nearly 11% from Wednesday’s level, coming below a key $35,000 support level as Russia’s declaration of war against Ukraine rattled financial markets. Safe haven: Gold The post Gold Outperforming Bitcoin in 2022 Amid Inflation And Russia-Ukraine War Threat appeared first on CoinGape.

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