Wells Fargo: Bitcoin and Other Cryptocurrencies Are No Fad - Decrypt

3개월 전


After a year that has seen the price of Bitcoin bounce from a pandemic panic-dinged low near $5,000 and a recent all-time-high just shy of $20,000, one of the traditional banking giants says that maybe cryptocurrency is worth paying attention to after all—and that it's not a fad.

In a new investment strategy report posted yesterday, Wells Fargo—the world's fourth-largest bank by market cap—offered perspective on Bitcoin and the wider cryptocurrency market. And while it's hardly a recommendation, the report at least strikes an optimistic tone about what it sees as a potential future for wider investments in cryptocurrency.

Shared On DLIKE

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  trending

Copying/Pasting full or partial texts with adding very little original content are frowned upon by the community. Repeated copy/paste posts could be considered spam. Spam is discouraged by the community and may result in the account being Blacklisted.