Barron’s: “Bitcoin Is Sliding Again as Threats of Regulation Mount” - DataTrek Research
24 May
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Barron’s: “Bitcoin Is Sliding Again as Threats of Regulation Mount”

By admin_45 in IN THE NEWS Barron’s: “Bitcoin Is Sliding Again as Threats of Regulation Mount”

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!

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