CovOps
Location : Ether-Sphere Job/hobbies : Irrationality Exterminator Humor : Über Serious
| Subject: Bitcoin Is 2019’s Best-Performing Asset, Even After Recent Price Downturn Mon Oct 07, 2019 7:41 pm | |
| The Takeaway
- Bitcoin prices have more than doubled in 2019, far outpacing the 31 percent return for U.S. tech stocks, which Goldman Sachs deems the best-performing asset class year-to-date.
- Outsize returns could attract interest from big investors in the yield-starved traditional financial markets.
- Executives at data firm Messari say bitcoin prices, currently around $8,200, could rally to a new high in the year’s remaining months, topping the $12,902 level reached in June.
https://www.coindesk.com/bitcoin-is-2019s-best-performing-asset-even-after-recent-price-downturn |
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