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Kaiko: Heightened geopolitical tensions have not increased demand for Bitcoin in the near term

Kaiko: Heightened geopolitical tensions have not increased demand for Bitcoin in the near term

Cointime2024/04/25 10:01
By: Cointime
BTC+0.69%XOLDTOKEN0.00%

Research firm Kaiko stated on X platform that the escalation of geopolitical tensions has increased the demand for safe-haven assets in recent times. Apart from Bitcoin, which did not benefit from market turbulence, its value fell by 6% in April, while gold and the US dollar rebounded.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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