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Gold price outperforms Bitcoin as traditional havens dominate during escalating Russia-Ukraine crisis

From kitco.com

Russia-Ukraine tensions are pushing investors towards gold and away from Bitcoin, with the precious metal outperforming the world's largest cryptocurrency year-to-date. Uncertainty after Russian President Vladimir Putin recognized two self-proclaimed republics in eastern Ukraine and ordered to send troops there as "peacekeeping forces" have triggered another wave of selloffs in the crypto space. Markets are now carefully eyeing Western leaders' potential sanctions against Russia. Germany already announced that it is halting the certification process of the Nord Stream 2 gas pipeline project from Russia. "It is not ... (full story)

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  • Category: Fundamental Analysis