‘Digital Gold’: Is Bitcoin ‘The Last Hedge’ During A Recession? – Yahoo Finance Australia

‘Digital Gold’: Is Bitcoin ‘The Last Hedge’ During A Recession? – Yahoo Finance Australia

Australia is officially in its first recession in almost 30 years, and although gold is the traditional safe haven during economic downturns, some industry experts believe bitcoin can offer the same security in the market as well. A bitcoin is currently worth $ 14,469 (9:44 am AEST), and there are only 21 million bitcoins worldwide. […]

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