Is Bitcoin Really A Safe Asset During the Coronavirus Pandemic? [Deep Dive]

Is Bitcoin really a safe asset during the Coronavirus Pandemic? [Deep Dive] The outbreak of the coronavirus has disrupted our daily lives. People are looking for safe assets to minimize losses and to preserve capital. Bitcoin is a relatively new asset with only a 10-year history, but its non-inflationary nature and lack of government control make it attractive to investors that wish to avoid the perils of inflationary monetary policy. Gold and US treasury bonds are well-known safe assets. If Bitcoin is considered as such, it should experience an increase in price similar to treasury bonds and gold.