Winklevoss Brothers' Safe-Havens Amidst AI-Driven Market Downturn
Cameron Winklevoss, co-founder of Gemini exchange, has recommended two cryptocurrencies as a potential safe-haven during times of market volatility.
This comes as the Kospi index falls 11% in response to an AI trade rout. The South Korean stock market's decline is attributed to losses from companies that invested heavily in AI technology.
The Winklevoss brothers have long been advocates for Bitcoin, and Cameron has now added another cryptocurrency to his list of recommended safe-havens: Ethereum. He stated that these two assets are well-positioned to perform better during times of market downturn.