Bitcoin price: Where investors are fleeing as ‘internet’s gold’ takes an almighty tumble
Bitcoin’s brutal month has continued to rattle the cryptosphere and investors are scurrying to the hills.
For the perpetual crypto skeptics, it’s a gleeful period indeed. Economic traditionalists, particularly those with heavy investment in the banking sector, have spent years trashing Bitcoin and the entourage of its wacky spin-offs.
The pro-crypto crowd is predictably shrugging-off the latest crash-and-burn, urging their peers to capitalise on low prices and “buy the dip”.
But as the die-hards rally, there’s another interesting trend emerging. A silly little thing called gold.
For years, a growing distrust of traditional economic systems has pushed investors toward assets outside government control. The scepticism intensified…
