Too Long; Didn't Read
Bitcoin has broken above $7K on 6th April, but may take a nosedive before the week’s end. The Covid-19 epidemic has prompted a sell-off of safe haven assets, such as gold. Some commentators have been questioning bitcoin's safety as an investment asset at this time of upheaval in the financial markets, and across society generally. Others are confident that the bitcoin sell off in early March “merely represents a general risk aversion going into a possible economic crunch, and does not necessarily invalidate Bitcoin's safe-haven status”