Leading cryptocurrencies mirrored the stock market decline this week, with barometerBitcoin(CRYPTO: BTC) plummeting to lows not seen since February.
Bitcoin's downswing ignited a fresh debate around its store of value narrative, a major sticking point between advocates of the cryptocurrency and its skeptics.
The concerns were exacerbated by the fact that gold, the traditional safe-haven asset, dropped a little over 1% on Monday, while "digital gold" cratered 16%.
Hence, it begs the question — Is Bitcoin more integrated than traditional markets than ever, and hence no more the outlier?
Benzinga talked about experts to understand if it's indeed...
Login or create a forever free account to read this news
Sign up/Log in