Sign Up
  • News
    Back to menu
    News
    • Markets
    • Finance
    • Tech
    • Policy
    • Focus
  • Prices
    Back to menu
    Prices
    • Data
      Back to menu
      Data
      • Trade Data
      • Derivatives
      • Order Book Data
      • On-Chain Data
      • API
      • Research & Insights
      • Data Catalogue
      • AI & Machine Learning
    • Indices
      Back to menu
      Indices
      • Multi-Asset Indices
      • Reference Rates
      • Strategies and Services
      • API
      • Insights & Announcements
      • Documentation & Governance
    • Research
      Back to menu
      Research
      • Events
        Back to menu
        Events
        • CoinDesk: Policy & Regulation
        • Consensus Hong Kong
        • Consensus Miami
      • Sponsored
        Back to menu
        Sponsored
        • Thought Leadership
        • Press Releases
        • CoinW
        • MEXC
        • Phemex
        • Advertise
      • Videos
        Back to menu
        Videos
        • CoinDesk Daily
        • Shorts
        • Editor's Picks
      • Podcasts
        Back to menu
        Podcasts
        • CoinDesk Podcast Network
        • Markets Daily
        • Gen C
        • Unchained with Laura Shin
        • The Mining Pod
      • Newsletters
        Back to menu
        Newsletters
        • The Node
        • Crypto Daybook Americas
        • State of Crypto
        • Crypto Long & Short
        • Crypto for Advisors
      • Webinars
        Back to menu
        Webinars
        Logo
        • News
        • Prices
        • Data
        • Indices
        • Research
        • Events
        • Sponsored
        • Sign In
        • Sign Up
        BTC logo
        BTC
        $116,732.16
        0.09%
        ETH logo
        ETH
        $4,167.87
        6.44%
        XRP logo
        XRP
        $3.3076
        1.24%
        USDT logo
        USDT
        $1.0001
        0.02%
        BNB logo
        BNB
        $806.14
        2.06%
        SOL logo
        SOL
        $180.18
        1.72%
        USDC logo
        USDC
        $0.9998
        0.01%
        DOGE logo
        DOGE
        $0.2356
        5.08%
        TRX logo
        TRX
        $0.3371
        0.21%
        ADA logo
        ADA
        $0.8052
        0.76%
        HYPE logo
        HYPE
        $42.16
        3.38%
        LINK logo
        LINK
        $20.92
        8.13%
        XLM logo
        XLM
        $0.4512
        2.31%
        SUI logo
        SUI
        $3.9095
        1.53%
        BCH logo
        BCH
        $587.48
        1.26%
        HBAR logo
        HBAR
        $0.2663
        1.07%
        AVAX logo
        AVAX
        $24.30
        3.46%
        USDE logo
        USDE
        $1.0006
        0.01%
        WBT logo
        WBT
        $44.22
        0.95%
        LTC logo
        LTC
        $125.13
        2.26%
        BTC logo
        BTC
        $116,732.16
        0.09%
        ETH logo
        ETH
        $4,167.87
        6.44%
        XRP logo
        XRP
        $3.3076
        1.24%
        USDT logo
        USDT
        $1.0001
        0.02%
        BNB logo
        BNB
        $806.14
        2.06%
        SOL logo
        SOL
        $180.18
        1.72%
        USDC logo
        USDC
        $0.9998
        0.01%
        DOGE logo
        DOGE
        $0.2356
        5.08%
        TRX logo
        TRX
        $0.3371
        0.21%
        ADA logo
        ADA
        $0.8052
        0.76%
        HYPE logo
        HYPE
        $42.16
        3.38%
        LINK logo
        LINK
        $20.92
        8.13%
        XLM logo
        XLM
        $0.4512
        2.31%
        SUI logo
        SUI
        $3.9095
        1.53%
        BCH logo
        BCH
        $587.48
        1.26%
        HBAR logo
        HBAR
        $0.2663
        1.07%
        AVAX logo
        AVAX
        $24.30
        3.46%
        USDE logo
        USDE
        $1.0006
        0.01%
        WBT logo
        WBT
        $44.22
        0.95%
        LTC logo
        LTC
        $125.13
        2.26%
        Ad
        Research Reports
        Share this article
        X iconX (Twitter)LinkedInFacebookEmail

        Is Bitcoin a Safe Haven?

        By JP Jones
        Updated Aug 23, 2021, 8:49 p.m. Published Jan 17, 2020, 7:02 p.m.
        image IsBitcoinASafeHaven

        Here we critically examine one of bitcoin's dominant narratives, as "digital gold," i.e., a store of value in times of economic instability.

        JP Jones

        Picture of CoinDesk author JP Jones

        More For You

        test research article

        By Adrian Krion
        May 22, 2025

        Read full story
        Latest Crypto News
        Breaking News

        [Test LCN] Lorem ipsum dolor sit amet, consectetuer adipiscing elit.

        7 août 2025
        Breaking News

        [Test Today label] Lorem ipsum dolor sit amet, consectetuer adipiscing elit.

        7 août 2025
        FastNews (CoinDesk)

        [Test Fast News] Industry-Funded Polls Back Crypto Message: They Have Enough Voters to Make a Splash

        6 août 2025
        Breaking News

        [Test Breaking News] Crypto Cash Fueled 53 Members of the Next U.S. Congress

        6 août 2025
        Breaking News

        [Test one more time; LCN block] DUPLICATE

        5 août 2025
        Breaking News

        [Test one more time; LCN block]

        5 août 2025
        Top Stories
        JPMorgan Chase CEO Jamie Dimon (Photo by Kevin Dietsch/Getty Images)

        JPMorgan To Allow Clients To Buy Bitcoin, Says Jamie Dimon blah blah blah blah blah blah blah blah blah

        19 mai 2025
        Consensus 2025: Anthony Scaramucci, Founder, SkyBridge Capital

        Scaramucci Says Bitcoin Treasury Trend Will Fade Despite Saylor’s Success

        2 juil. 2025
        A barman shakes a cocktail shaker with an array of drinks bottles behind him.

        Crypto Daybook Americas: Bitcoin Whiplash Shakes Market as U.S. Yield Spike Threatens Bull Run

        19 mai 2025
        Tokyo, Japan (Jaison Lin/Unsplash)

        Metaplanet Buys Another 1,004 Bitcoin, Lifts Holdings to Over $800M Worth of BTC

        19 mai 2025
        Protocol Village is CoinDesk's living column chronicling blockchain tech project updates (CoinDesk)

        Protocol Village: Starknet Claims to Shatter Transaction Speed Record Among Ethereum Layer-2 Networks

        30 oct. 2024
        A breakdown of how well the Fairshake PAC did with candidates it backed.

        Crypto Cash Fueled 53 Members of the Next U.S. Congress

        3 déc. 2024

        About

        • About Us
        • Masthead
        • Careers
        • CoinDesk News
        • Crypto API Documentation
        • Blog

        Contact

        • Contact Us
        • Accessibility
        • Advertise
        • Sitemap
        • System Status
        Disclosure & Polices
        CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.
        EthicsPrivacyTerms of UseCookie SettingsDo Not Sell My Info

        © 2025 CoinDesk, Inc.
        X icon