Quail Creek Ventures founder: BTC remains a safe-haven asset when fundamentals re-enter the market

Michael Conn, founder of financial services company Quail Creek Ventures, said that due to tight liquidity, gold and other traditional safe-haven assets have been selling recently, and BTC remains a safe-haven asset when fundamental factors re-enter the market. In this regard, Joe DiPasquale, CEO of crypto hedge fund BitBull Capital, agrees that he believes that “Bitcoin has a very good status and can be used as a safe-haven asset.” DiPasquale pointed out that the recent cryptocurrency sell-off with global stock markets only represented The general risk aversion of possible economic tightening does not necessarily invalidate Bitcoin's hedging position.