{"id":657,"date":"2024-10-03T19:02:17","date_gmt":"2024-10-03T19:02:17","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=657"},"modified":"2024-10-03T19:02:17","modified_gmt":"2024-10-03T19:02:17","slug":"bitcoin-not-a-safe-haven-but-rising-trump-odds-could-fuel-a-rally-standard-chartered","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=657","title":{"rendered":"Bitcoin &#8216;Not A Safe Haven&#8217; But Rising Trump Odds Could Fuel A Rally: Standard Chartered"},"content":{"rendered":"<div>\n<p>Standard Chartered\u2019s latest analyst note suggests that <strong>Bitcoin<\/strong>\u2018s (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) recent price action reaffirms its role as a hedge against traditional financial system issues rather <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41166146\/would-bitcoin-drop-if-a-war-in-the-middle-east-breaks-out-yes-but-theres-a-catch\">than geopolitical tensions<\/a>.<\/p>\n<p><strong>What Happened:<\/strong> The bank\u2019s analysts point out that Bitcoin\u2019s price weakness amid Middle East tensions demonstrates it is \u201cnot a safe haven against geopolitical concerns.\u201d <\/p>\n<p>This observation aligns with their <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41135665\/bitcoins-safe-haven-narrative-comes-under-pressure-amid-iran-israel-war-fears-investors-pr\">previous analysis<\/a> from May, following the April Israel-Iran situation. Instead, they argue that Bitcoin serves as \u201ca hedge against TradFi issues such as bank collapses, such as SVB in March 2023, or de-dollarization\/U.S. Treasury sustainability issues.\u201d<\/p>\n<p>The note highlights a \u201ccircularity\u201d in Bitcoin\u2019s relationship with current events. &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41172369\/bitcoin-not-a-safe-haven-but-rising-trump-odds-could-fuel-a-rally-standard-chartered\" alt=\"Bitcoin\" a safe haven but rising trump odds could fuel rally: standard chartered>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Standard Chartered\u2019s latest analyst note suggests that Bitcoin\u2018s (CRYPTO: BTC) recent price action reaffirms its role as a hedge against traditional financial system issues rather than geopolitical tensions. What Happened: The bank\u2019s analysts point out that Bitcoin\u2019s price weakness amid Middle East tensions demonstrates it is \u201cnot a safe haven against geopolitical concerns.\u201d This observation [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-657","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/657","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=657"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/657\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}