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Crypto Market Emerges As Safe Haven Amid Debasement Concerns

source-logo  coingape.com 01 March 2024 18:14, UTC

Crypto markets have seen a bull run as investor confidence in digital currencies has strengthened significantly. A strong influx of capital into Bitcoin ETFs has buoyed the prices of the OG-crypto currency to surpass the $63,000 level. But the strength in the crypto markets comes at a time when other financial indicators are hitting bearish sentiments. According to the latest Bloomberg report, investors might turn more toward crypto markets as fears of a debasement loom larger.