Bitcoin’s Resilience in Volatile Markets: Investors Seek Safety Amidst Economic Uncertainty

Despite rising economic uncertainty fueled by escalating inflation and potential recession risks, Bitcoin continues to hold strong, surpassing the $85,000 mark as investors seek alternative assets. The surge is driven by a growing desire for security against volatile fiat currencies amidst market instability. Gold also benefits from these trends, attracting a similar interest as a safe-haven asset during times of global economic uncertainty. 2018 saw gold prices climb by 20%, highlighting the increased demand for alternative investments. 1