Investment Analyst: “Bitcoin has Become the Standard of All Crypto” and a “Convenient Safe-Haven”

According to the co-founder of DataTrek Research, current global instability is making Bitcoin a popular choice of safe-haven asset. Nicolas Colas believes that the leading crypto asset’s price swings can be used as an indicator for other markets and global events.

He also argues that Bitcoin’s relative immaturity compared with traditional asset classes will mean that the volatility that has become synonymous with crypto assets looks set to continue.

Cole: Bitcoin’s Rising Dominance ...

What feeling does this article give you?

#hashtags to follow:

DataTrek Research [+]    Bitcoin [+]    Colas [+]    Rising Dominance [+]   

More #news: