Uncorrelated is uncorrelated: data continues to suggest bitcoin clearly not a haven asset

InstitutionalFebruary 26, 2020, 11:23AM EST
UPDATED: April 8, 2022, 5:14PM EDT
Uncorrelated is uncorrelated: data continues to suggest bitcoin clearly not a haven asset
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This post is a follow up to our previous work on Safe Haven assets (Aug 2019). 

There's been a growing conversation around the merits of bitcoin evolving into a "safe haven asset," with even a presence of mainstream media in late 2019 and early 2020 running articles that suggest bitcoin is evolving into a haven asset.

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