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Bitcoin Is Behaving Like A Risk Asset But Here’s Why It’s Still a ‘Buy the Dip’ Opportunity

investing.com
 23 days ago

Cover picture for the articleLate on Tuesday, the cryptocurrency market continued to fall as low as early August levels in tandem with the global riskier assets. Unlike gold which recorded positive returns, though it was only 0.5% since the Friday close, it is still behaving like a safe haven asset. Meanwhile, Bitcoin is behaving “like a risk asset in the short run,” as it dropped over 17% this week in a largely spot-driven sell-off, noted Arcane research.

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