Bitget App
Trade smarter
Standard Chartered Bank: Bitcoin is not a safe haven from geopolitical risks, but it's still worth buying on dips
Bitget2024/10/03 16:53
BlockBeats reports, on October 4th, Geoff Kendrick, the global head of digital asset research at Standard Chartered Bank, stated that "Gold is a geopolitical hedging tool. BTC is not a safe haven against geopolitical risks but it can hedge against issues like bank failures or de-dollarization and problems with U.S. Treasury bonds." Therefore, he still recommends investors to buy in when prices are low.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
ETH breaks above $2,800
金色财经•2025/11/23 01:50
BlackRock executive: Clients invest in bitcoin mainly as "digital gold," not for global payment scenarios
Chaincatcher•2025/11/23 01:21
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$85,979.06
+1.20%
Ethereum
ETH
$2,815.99
+1.72%
Tether USDt
USDT
$0.9996
+0.01%
XRP
XRP
$2
+2.41%
BNB
BNB
$845.02
+0.57%
USDC
USDC
$0.9999
+0.01%
Solana
SOL
$129.82
+0.50%
TRON
TRX
$0.2748
-0.77%
Dogecoin
DOGE
$0.1420
+0.69%
Cardano
ADA
$0.4085
-0.62%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now