Mati Greenspan
As BTC surges, is it fundamentals, technicals or macro context? Former eToro analyst Mati Greenspan breaks it down.
Bitcoin’s recent price jump after the U.S. killing of a top Iranian official has rekindled a long-running debate among investors: whether it will work as a safe-haven asset like gold in times of heightened geopolitical and economic turmoil.
As U.S. stocks tumbled on Monday by the most in six months amid renewed coronavirus fears, bitcoin barely budged - at least in terms of the notoriously volatile cryptocurrency’s trading history.
"Crypto has to be seen from a macro perspective," Mati Greenspan says.