A very interesting point of view was the bankruptcy of SBV Bank in the United States last year. Everyone realized that traditional safe-haven assets (financial industry) were no longer safe. The impact of interest rates and national debt was too great, which may cause banks to fail. In an instant, bank stocks changed from safe-haven assets to become a risky asset
Then everyone also discovered that technology stocks have transformed from their original risk assets into safe-haven assets (limited to the seven largest American technology giants), because compared with other small and medium-sized technology stocks, the seven giants are impossible to fail.
bank stocks
Safe-haven assets-->Risk assets
technology stocks
Risk assets-->safe haven assets
So do you think Bitcoin is currently a risk asset or a safe-haven asset?
I think the components of risky assets are still higher. $BTC Some of the technology giants that are favored by people have more cash on hand than banks. It is too difficult to go bankrupt.