Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Sharpmax on April 13, 2021, 11:49:55 PM
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A whopping 74 percent of fund managers think that Bitcoin is in a bubble, according to Bank of America's April survey.Only 16 percent of the respondents hold the opposite view while the remaining 10 percent do not know the answer.
Notably, only seven percent of the surveyed investors think that the U.S. equities market is in a bubble despite the S&P 500 routinely logging new peaks after topping 4,000 points for the first time on April 4.
As reported by no link shorteningday, Bank of America released a scathing Bitcoin report, which picks holes in the store of value (SoV) thesis and demotes the largest cryptocurrency to a mere tool for speculation. Source (https://cryptonews.net/537812/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)