Noelle Acheson, director of research at CoinDesk, discusses the effect that coronavirus has been having on the traditional financial markets, Bitcoin and why Bitcoin is not turning out to be the uncorrelated asset it was touted to be. We also talk about why Bitcoin had a safe haven to begin with, the role traders played in changing how Bitcoin behaves as an asset, and why we can expect Bitcoin to become even more volatile in the short term. We cover how this could affect Bitcoin miners’ ability to survive the upcoming halving, and whether Bitcoin will start to decouple from the other crypto assets.
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Episode links:
Noelle Acheson: https://twitter.com/NoelleInMadrid
CoinDesk: https://www.coindesk.com https://www.coindesk.com/bitcoin-uncertainty-and-the-ultimate-narrative https://www.coindesk.com/bitcoin-bonds-and-gold-why-markets-are-upended-in-a-time-of-fear https://www.coindesk.com/crypto-investment-research/is-bitcoin-a-safe-haven
