Bitcoin Seen as Safe Haven Amid Market Turmoil, Holds Near $63k

In a recent article by Kitco NEWS, it is reported that Bitcoin is increasingly being viewed as a safe haven asset amid a broader stock market sell-off. The cryptocurrency is trading near its support level at $63,000. Investors are turning to Bitcoin as a protective measure against market volatility, indicating a shift in sentiment towards digital currencies as a stable option during financial uncertainty.