Does Bitcoin Trade like Gold or Stocks?
By datatrekresearch in YouTube
Bitcoin is neither “digital gold” nor an amped up play on US stocks. In our latest video, DataTrek co-founder Nick Colas, the first Wall Street analyst to write about bitcoin, shows that its price action shares little in common with either gold or the S&P 500. Bitcoin’s fundamentals are unique, making it a useful portfolio diversifier for investors who believe in its long-term promise.
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