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Bitcoin may start to lose its reputation as a volatile asset. Here's why - TL;DR CNBC

Bitcoin may start to lose its reputation as a volatile asset. Here's why

Publishing timestamp: 2024-03-16 11:00:01


Summary

Bitcoin's volatility is decreasing, with demand-supply imbalance driving the market. Bitwise is optimistic about bitcoin's growth, while ProShares offers both long and short bitcoin ETFs. Bitcoin has seen significant gains over the past year.


Sentiment: MIXED

Tickers: BTC.CM=BITIBITO

Keywords: bitcoin/usd coin metricsmarketscryptocurrency exchangescryptocurrencyeconomybusiness newstechnologybreaking news: marketspersonal investingproshares short bitcoin strategy etfbreaking news: investingstock marketswall streetbitcoinproshares bitcoin strategy etfinvestment strategy

Source: https://www.cnbc.com/2024/03/16/bitcoin-may-lose-its-reputation-as-a-volatile-asset-heres-why.html


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