"Bitcoin is 'worthless' and will perform worse than stocks in the coming months" Says Analyst!steemCreated with Sketch.

in bitcoin •  7 years ago 

 

  • Bitcoin is likely to fare worse than other assets in the coming months because it has no fundamental worth, Capital Economics said.
  • While bitcoin's fall appeared to correlate with the fall in equities, there were different factors driving the movement of both assets.
  • Bitcoin rose to a record high above $19,000 toward the end of last year, but has since fallen dramatically.
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