Is Bitcoin a Hedge Against Market Volatility? This Chart Suggests Otherwise.

Bitcoin (CRYPTO: BTC) has sometimes been referred to as "digital gold," suggesting that it can be a safe haven type of investment, and that it can help hedge against volatility in the stock market. But is that really the case? Based on how it's done this year and during the last big market crash, it looks to be the complete opposite.Gold is supposed to offer investors some stability in hard times. It's generally seen as a good way to store value, and investors normally flock to it when they are worried about the economy or the markets in general. Crypto investors see Bitcoin as potentially filling the same role, but in a digital way.However, with the S&P 500 index in a free fall in recent weeks due to recently announced global tariffs and growing concerns about a possible recession being on the horizon, Bitcoin has been anything but a safe haven type of investment.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool