Bitcoin Approaches All-Time High as Safe Haven Asset
- Bitcoin is showing signs of acting as a safe haven asset, similar to gold.
- Sergey Nazarov notes Bitcoin’s decoupling from the stock market.
- Johann Kerbrat highlights Bitcoin’s role as a reserve currency amid instability.
- Corporate Bitcoin holdings rose from 394,131 BTC to 786,857 BTC over six months.
- The increase in holdings amounts to an acquisition of 196,363 BTC per quarter.
- Bitcoin is trading at $110,318, nearing its all-time high.
Bitcoin’s rising status as a safe haven asset is underscored by a significant increase in corporate holdings, which doubled over six months to reach 786,857 BTC. The cryptocurrency is currently valued at $110,318.
Source (2.6)https://dailyhodl.com/2025/05/27/bitcoin-makes-run-for-new-all-time-high-as-chainlink-founder-sergey-nazarov-says-btc-starting-act-as-safe-haven-report/?rand=59076
