Bitcoin Emerges as 'Flight to Quality' Amid Bond Volatility and Global Uncertainty

Between bond volatility, recession worries, some are turning to bitcoin as a "flight to quality" alternative.

Sean Farrell of Fundstrat says well-reputed finance pros who don't normally trade crypto are saying bitcoin is a good alternative to 30-year Treasuries.

Comes after BlackRock CEO Larry Fink said bitcoin's rally reflects a "flight to quality."

Farrell New investors will seek bitcoin to hedge asset/price inflation amid global liquidity and reduced trust between central banks.

Fink and others see bitcoin as a quality asset amid bond volatility and global uncertainty.