Bitcoin's Store of Value Narrative Faces Most Important Test

[Hamzaal24]

Bitcoin was a product of the 2008 financial crisis and the subsequent recession. 2020 places the first recession Bitcoin has to test, and so far, Bitcoin is certainly standing out.

While the S&P500 and popular land index funds suffer devastating drops, Bitcoin stands out with a mitigated loss. The coming few weeks could be the final litmus test to prove Bitcoin's status as a Store of Value, and an asset class that major institutions could use as a hedge against volatility of traditional assets.