What's Next For Bitcoin After Break Of $40,000? The price of bitcoin at the time of writing is $38,700, as the risk-off across asset classes continues, with big names in equity markets getting pummeled, especially the high multiple tech sector. So what does this mean for bitcoin, which is touted by many as an “uncorrelated asset” or a store of value? What good is a store of value that drops in tandem with everything else?
The Daily Dive #137 - Bitcoin Below $40,000
What's Next For Bitcoin After Break Of $40,000? The price of bitcoin at the time of writing is $38,700, as the risk-off across asset classes continues, with big names in equity markets getting pummeled, especially the high multiple tech sector. So what does this mean for bitcoin, which is touted by many as an “uncorrelated asset” or a store of value? What good is a store of value that drops in tandem with everything else?
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