Bitcoin is not behaving like a safe-haven asset as fears of recession shadows over the US economy, believes Travis Kling of multi-strategy crypto asset hedge fund, Ikigai Asset Management. The founder & CIO on Wednesday referred to bitcoin’s dwindling price action against an already gloomy macroeconomic outlook. Recognizing that investors should have perceived the cryptocurrency as a safe-haven asset by now, Kling doubted whether or not the nascent asset is ready to assume the responsibility like its established peers, including gold. “It’s like maybe BTC is strong enough to swim in the pool right now but not in the ... (full story)