Council on Foreign Relations 143d ago

“So I looked at, since bitcoin’s existence, every time the S&P 500 has fallen 5% or more, how did bitcoin behave? How did gold behave? Bitcoin fell on average 5% when the S&P fell 5%. And it fell 70% of those episodes,” says CFR expert Rebecca Patterson. “Gold prices on average were up. And they rose on average, over those instances, about two-thirds of the time. So not one for one. But in terms of how these assets perform in a portfolio and why you buy them, I think they’re very different.” Watch the full conversation: https://www.cfr.org/event/year-ahead-commodity-markets Subscribe to our channel: https://goo.gl/WCYsH7 This work represents the views and opinions solely of the author. The Council on Foreign Relations is an independent, nonpartisan membership organization, think tank, and publisher, and takes no institutional positions on matters of policy. Visit the CFR website: http://www.cfr.org Follow CFR on X: http://www.twitter.com/cfr_org Follow CFR on Facebook: https://www.facebook.com/councilonforeignrelations/