Ipek Oskar Deskaya
๐ค SpeakerAppearances Over Time
Podcast Appearances
Now, we are still higher in terms of energy prices and the risk of another upside potential move and sustained gain in energy prices do persist.
But at the moment, it's quite interesting to see how fast the early gains are being retraced and the global markets are immediately readjusting to that retracement.
Well, it's interesting because Bitcoin has not necessarily been a risk haven or a safe haven asset over the past few weeks.
It was very much in line, a trend very much in line with technology.
companies and was hit along with the sell-off that we saw across the technology space.
So, what we see today is that the Bitcoin is actually acting as a safe haven asset.
And we suspect that the regional conflict could eventually bring some capital into Bitcoin regarding maybe the detentions or the fact that the gold has been overly valued and investors may be looking for other safe haven.
To be perfectly honest with you, the move that we see in Bitcoin and the coupling of the correlation with the technology stocks is quite interesting right now, even more so as the higher energy prices should normally also have negative impacts on Bitcoin.
Ipek, it's great to catch up with you.