Study: Bitcoin provides optimum security against liquidity crises

A current analysis by Grayscale Investments confirms the role of Bitcoin as a preserver of value. Analysts looked at how individual asset classes, fiat currencies and Bitcoin fared during the crises of recent years.



Grayscale is the world’s largest asset manager specializing in crypto currencies with assets valued at USD 825 million under management (as of 2018). In its study, the company analyzed the liquidity crises of recent years, including the climax of the Greek sovereign debt crisis in 2015, the consequences of the Chinese central bank’s devaluation of the Yuan, also in 2015, and the Brexit referendum of 2016, as well as the still continuing trade dispute between the USA and China.

Their results show the development in price of various asset classes, currencies and Bitcoin during the individual crises. In contrast to the substantial losses suffered on the one hand, on the other the price of Bitcoin rose significantly in every crisis. This shows that investors regard Bitcoin, like gold, as a safe haven in difficult times. The authors therefore conclude that Bitcoin could play a key role in structuring more efficient portfolios. They base this conclusion on their conceptual understanding of Bitcoin, their observations and the “increasing support of some of the leading asset managers”. What’s more, “with continued adoption, Bitcoin represents a transparent, immutable, and global form of liquidity that can provide both wealth preservation and growth opportunities.”

Stay up to date

Categories
Disclaimer

This press release does not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities of Northern Bitcoin AG and does not constitute a prospectus of Northern Bitcoin AG. The information contained in this press release is not intended to form the basis of any financial, legal, tax or other business decision. Investment or other decisions should not be made solely on the basis of this press release. As with all business and  investment matters, please consult qualified professional advice. This release and the information contained herein are not for distribution, directly or indirectly, in or into Canada, Australia or Japan.

Press Contact
Dr. Hans Joachim Dürr
Head of Corporate Communications
E-Mail: h.duerr@northernbitcoin.com
Phone: +49 69 348 752 89
Investor Relations
Sven Pauly
E-Mail: ir@northernbitcoin.com
Phone: +49 89 125 09 03 31