From the Chiasmus markets archive: September 29, 2022 "BITCOIN THE NEW SAFE HAVEN? REPLACING THE JAPANESE YEN AND BRITISH POUND AS CENTRAL BANKS SCRAMBLE TO DEAL WITH GLOBAL STAGFLATION.

Bitcoin's surprising resilience at both market turmoil and surging U.S. Dollar, could in fact show that the crypto coin is becoming a safe haven as the YEN, once a safe haven and the Pound Sterling, a pillar of Foreign Exchange strength are being sold off into oblivion as stagflation, which some Central Banks like Bank of Japan and Bank of England have denied, otherwise rates would be much higher, are playing havoc with their currencies and economies.  

Chart above shows Bitcoin's resilience in the face of financial calamity.

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