The Pomp Letter

The Pomp Letter

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The Pomp Letter
The Pomp Letter
Is Bitcoin A Hedge Against Global Instability?

Is Bitcoin A Hedge Against Global Instability?

Anthony Pompliano
Jun 06, 2019
∙ Paid
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The Pomp Letter
The Pomp Letter
Is Bitcoin A Hedge Against Global Instability?
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We continue to hear that Bitcoin is a hedge against global instability, but now we have data that backs up that claim.

Throughout the month of May, Bitcoin continued to show a highly negative correlation to the S&P 500 according to SFox. The decentralized digital currency also continued to hold a negative correlation to gold.

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