U.S. Investors Look to Hedge Bitcoin Risk Amid Default Concerns
A roughly 10% of U.S. investors have expressed their intention to hedge their bitcoin risk amid fears of an all-American default, Bloomberg writes. About 8% of professional investors surveyed and 11% of retail investors said they would be more willing to buy bitcoins than a ...
Investors Seek Gold, Treasury Bonds, and BTC as Safeguards Amid Rising US Default Risk
It competes with gold and Treasury bonds But the traditional "hedge currencies," the yen and Swiss franc, have fallen far behind The risk of a technical default in the United States is gradually growing. If Republicans and Democrats do not agree on the debt limit ...