BTC is as ‘susceptible to panic’ as other assets

Quantitative crypto fund Strix Leviathan says the narrative of bitcoin (BTC) as a hedge against economic uncertainty could be false – considering last week’s nearly unprecedented stock market sell-off, where the S&P 500 suffered its sharpest correction since the 2008 financial crisis and BTC shed nearly 15% in USD terms, Cryptoslate reported. The number-one cryptocurrency by market capitalization started to tumble […]