Bitcoin hits its highest level since 2018, but two traders are split on whether it's worth buying

Should you trust the bitcoin bounce? Bitcoin prices climbed more than 3% to levels not seen since January 2018 on Thursday after PayPal’s announcement that it would be launching a cryptocurrency service. Up nearly 23% month to date, bitcoin also received some accolades from legendary hedge fund manager Paul Tudor Jones, who told CNBC on Thursday that the cryptocurrency was in its “first inning” and likely would be “the best inflation trade” in a time of widespread quantitative easing. Owning bitcoin, however, is ...