Bitcoin Posts Third Weekly Gain Amid Macro Volatility, Investor Refuge Search

Bitcoin is on track for its third straight winning week, with traders increasingly turning to the cryptocurrency as a safe haven. This trend emerges amidst significant volatility across global equities, currencies, and bond markets, prompting investors to search for alternative stores of value. The sustained interest in Bitcoin as a refuge asset highlights shifting investor sentiment in the face of mounting macro pressures. For Pakistan, this global flight to safety could indirectly influence gold demand, potentially supporting international gold prices if traditional safe-havens also see increased interest.

بحوالہ / Source: www.cnbc.com