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Bitcoin is acting like a high-risk tech stock — and pro traders love it
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fnlondon.comA line often repeated among crypto enthusiasts at the Bitcoin 2022 conference in Miami last week: Bitcoin is an excellent gold-like haven and more people should buy it to protect themselves against inflation.
And yet amid heightened inflation concerns this week, bitcoin plunged below $40,000 for the first time since 16 March, tracking a bleed-out in technology and other risky stocks. Again.
Read more on fnlondon.comAbout this in other media
From beer to Bitcoin as legal tender: A BTC education in Roatán cointelegraph.com /2 years ago
Don't blame stimulus checks for inflation, says Andrew Yang, who still supports sending free cash to most Americans cnbc.com /2 years ago
PayPal’s Peter Thiel may be a ‘genius’, but I’m still not champing at the bitcoin theguardian.com /2 years ago
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