Nov 23, · Market Insider is a business news aggregator for traders and investors that proposes to you the latest financial markets news, top stories headlines and trading analysis on stock market, currencies (Forex), cryptocurrency, commodities futures, ETFs & funds, bonds & rates and much more. A stock market site by Business Insider with real-time data, custom charts and breaking news. Get the latest on stocks, commodities, currencies, funds, rates, ETFs, and more. Market Insider Bitcoin (BTC) News Market Insider is a business news aggregator for traders and investors that proposes to you the latest financial markets news, top stories headlines and trading analysis on Bitcoin (BTC) and much more.
Market insider btcBitcoin (BTC) Price Outlook: Short-Term Pullback in the Making? - Market Insider
Stanley Druckenmiller said on November 9 that he had "warmed up to the fact that bitcoin could be an asset class that has a lot of attraction. Others are skeptical about the run. Ray Dalio said last week that he " might be missing something about bitcoin ," adding that its volatility diminishes its use as a store of wealth and a medium of exchange. Even if Bitcoin maintains its lofty value, it can't replace central-bank currencies, because governments are likely to ban the token "and make it too dangerous to use," Dalio tweeted.
The Tuesday surge lifted other popular cryptocurrencies. Ether gained as much as 4. XRP spiked Now read more markets coverage from Markets Insider and Business Insider:. Goldman Sachs slashes US growth forecasts as spiking coronavirus cases drive economic slowdown. Business Insider 2d. Gold Oil Copper. Bitcoin Ethereum Ripple. Stocks All Stocks. Business Insider 9h. Business Insider 11h. Business Insider 14h. Business Insider 15h. Biggest Gainers V 1.
INTC 1. UNH 0. MSFT 0. BA CRM WBA JPM CVX Indices All Indices. Business Insider 16h. Business Insider 17h. He added that the last time bitcoin behaved with such a "speculative fervor," it suffered massive disappointments in the months to follow. Bitcoin bulls say that 's rally is different because of the institutional inflows. Read more: A hedge fund manager explains why betting on volatility can amplify portfolio-wide returns like Dennis Rodman during the Chicago Bulls dynasty - and shares how to build a dragon portfolio designed to win over the next years.
Bitcoin is in a 'massive bubble' and investors don't understand how its supply works, says economist David Rosenberg. Emily Graffeo. Rosenberg said the chart looks "absolutely crazy right now.