Allianz Chief Economic Advisor: Bitcoin is becoming a ‘safe flight’
Mohamed A. El-Erian, the Chief Economic Advisor of Allianz and former CEO of Pacific Investment Management Company, said that Bitcoin is becoming a "safe flight". Bitcoin is replacing long-held U.S. Treasury bonds, which have long been seen as a safe haven for safety or quality. Considering the continued development of global geopolitics, although the U.S. Treasury Department can still play this role, the situation may change in the future.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CloneX NFTs Hit a Wall as Images Vanish From OpenSea
SUI Jumps 73% After Grayscale and Mastercard Boost
SUI gains 73% in a week, driven by a Grayscale Trust listing and a strategic partnership with Mastercard.SUI Skyrockets After Major Institutional MovesMastercard Partnership Fuels Adoption HopesWhat’s Next for SUI?
Whale Buys Back 8K ETH, Nets $159K in 10 Days
Whale repurchases 8,012 ETH at $1,779, repays debt, and earns $159K from ETH trading over 10 days.Whale Re-Enters ETH With $14M BuybackSmart Debt Management and Strategic TimingProfit Through Precision
Solana Price Eyes $162, Cardano Slides Again, While Unstaked Presale Goes Viral in April 2025
Explore a timely comparison of Cardano, Solana, and Unstaked ($UNSD) focusing on real-time utility, price levels, and presale potential. Find out what crypto to invest in for both short-term strategy and long-term value.Cardano Slides Back Into Multi-Year RangeSolana Faces Crucial Test Near Largest Supply ClusterUnstaked Is More Than Hype: A Real Use Case in a Meme-Driven MarketUtility, Timing, and the Case for $UNSD
Trending news
MoreCrypto prices
More
