BlockBeats news, on October 4, Geoff Kendrick, global head of digital asset research at Standard Chartered Bank, said, “Gold is a geopolitical hedging tool. BTC is not a safe haven against geopolitical risks, but it can hedge against bank failures or de-dollarization, U.S. Treasury debt issues and other TradFi issues.” Therefore, it is still recommended that investors should buy on dips.

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