JPMorgan: Bitcoin fails as a safe-haven asset

JPMorgan asserts that Bitcoin has failed as a safe haven, as evidenced by a significant 29% decline against gold in 2025. This shift highlights a preference for traditional safe-haven assets like gold and the Japanese yen amidst economic fears.

The ongoing debate about Bitcoin’s classification continues, with some, including Galaxy Digital’s CEO, asserting its potential as a market performer despite recent challenges, labeling it as capable of both risk-on and risk-off behaviors.

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