Quantitative fund Strix Leviathan: it's too early to tell whether cryptocurrencies are safe-haven assets

According to CryptoSlate, Seattle-based quantitative crypto fund company Strix Leviathan believes that given the near-unprecedented stock market sell-off last week, the S & P 500 Index suffered the biggest decline since the financial crisis in 2008, and Bitcoin plummeted 15%, it will now The idea that coins are used to hedge economic uncertainty may be wrong. Strix Leviathan said that the latest downward trend of Bitcoin shows that in the risky market cycle, the so-called "digital gold" does not perform better than other assets, and volatility has made it a "bad currency" (Ethereum's global sell-off process in this round China has plummeted 25%), so it is too early to tell whether cryptocurrencies are safe-haven assets.