Market Wrap: Cryptos Mixed as Global Uncertainty Lingers; Dogecoin Pumps – CoinDesk - Crypto Plugg

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Monday, April 25, 2022

Market Wrap: Cryptos Mixed as Global Uncertainty Lingers; Dogecoin Pumps – CoinDesk

Typically, investors reduce their exposure to speculative assets, such as stocks and cryptos, when faced with high uncertainty. So far this year, the S&P 500 is down about 12%, compared with a 17% decline in bitcoin (BTC). Meanwhile, gold, a traditional safe haven asset, is up 3% over the same period, albeit down 8% from its recent peak in March.



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