-
Following a sharp move lower yesterday, which saw the market hitting its lowest level since November, BTC are now rebounding firmly. The futures market has rallied around 8% off yesterday’s multi-month lows, benefitting from a softer USD over the last 24hrs. A shift in Fed outlook recently has cast clouds over the BTC rally with the market correcting from ...
-
Cliff Asness, co-founder of AQR Capital Management, believes bitcoin is in a speculative bubble after the cryptocurrency's swift rally carried it above $100,000 following the November presidential election. "I'm on the bubble side, on net," Asness said on CNBC's "Money Movers" on Monday. "To move me off that, you really need not a price change, but a use ...