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Survey shows that gold is the best safe haven asset in the minds of American retail investors, and the US dollar is not as good as Bitcoin

Blockchain 2023-05-16 22:32:56 Source: Network

A new survey shows that in the event of a US debt default, retail investors prefer Bitcoin over the US dollar, while gold remains the most attractive safe haven asset.This survey asked investors what they would buy if the United States hit the debt ceiling

A new survey shows that in the event of a US debt default, retail investors prefer Bitcoin over the US dollar, while gold remains the most attractive safe haven asset.

This survey asked investors what they would buy if the United States hit the debt ceiling. 51.7% of professional investors and 45.7% of retail investors choose gold.

The second is US treasury bond bonds, with 14% of professional investors and 15.1% of retail investors choosing. Bitcoin followed closely at 7.8% and 11.3%, respectively.

The US dollar ranks behind Bitcoin, with 7.8% of professional investors and 10.2% of retail investors choosing.

US Treasury Secretary Yellen once again warned on Monday that if lawmakers fail to raise the $31.4 trillion debt limit before the government runs out of funds, a default could occur as early as June 1st.

The survey also found that 41% of respondents expect the US dollar to weaken in the event of a default, which may also accelerate the trend of de dollarization.

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