Ahead of the curve - March 21

Bitcoin - a risk asset or a system hedge?

Bitcoin has surged amidst the backdrop of bank collapses and fears of contagion. Whether bitcoin is acting as a safe haven asset or simply reacting to expectations of potentially lower interest rates, is unclear at the moment.

Bitcoin up 40% over the past 10 days

The Credit Suisse collapse and the following increased central bank mandates for the frequenc…