Roubini: Bitcoin is highly volatile, if you want to preserve your wealth, you should stay away from such assets
"Dr. Doom" Nouriel Roubini said in an interview: "Bitcoin is highly volatile. If you want to preserve wealth, rather than high volatility, you should stay away from such assets."
According to data compiled by Bloomberg, about $6.8 billion flowed into US ETFs directly investing in Bitcoin for a period of time after Trump won the election. The total assets of these 12 ETFs are approximately $100 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trending news
MoreData: In the past 24 hours, total liquidations across the network reached $845 million, with long positions liquidated for $508 million and short positions for $336 million.
Goldman Sachs: Central banks may make large gold purchases in November, maintaining year-end 2024 gold price forecast at 4900
Crypto prices
More
