Barron’s: “Bitcoin Is Sliding Again as Threats of Regulation Mount”
By admin_45 in IN THE NEWS
Excerpt from Barron's quoting Nick Colas:
.... "For context, the trade-weighted dollar moves an average of 0.3% a day, making Bitcoin about 13 times more volatile, according to DataTrek. “If you are involved, we recommend a position size that acknowledges this is a $750 billon asset that still trades like it is a $1 billion asset,” DataTrek co-founder Nicholas Colas wrote, referring to Bitcoin’s recent market value"....
Read the full article here in Barron's!