Bitcoin Price Set For $35K As It Flips US Dollar In Preferred Asset: Bloomberg
Moreover, Bitcoin is considered one of the popular safe haven s after gold and treasuries as the US faces a debt ceiling crisis that could be catastrophic for the global financial system. advertisement Bitcoin Becoming Top Preferred Assets For Investors According to the Bloomberg MLIV Pulse survey between May 8-12, investors will invest in gold, treasuries, and Bitcoin than in traditional haven currencies like the US dollar, the Japanese yen, and the Swiss franc amid the debt ceiling crisis. Bitcoin ’s popularity as safe haven is rising, with 7.8% of professional investors and 11.3% of retail investors prefer to invest in Bitcoin . However, 51.7% of professional and 45.7% of retail investors are willing to buy gold , while 14% of professional investors and 15.1% of retail investors will invest in government bonds. Trending Stories Dogecoin Price Analysis: Will DOGE Price Hit $0.1 Mark Before May 2023 End? 24/7 C...