This week’s launch of the ProShares Bitcoin Strategy Exchange-Traded Fund (BITO) may have aided the cryptocurrency’s recent price surge to an all-time high, though the perception of bitcoin as an inflation hedge over gold is probably a bigger factor, a JPMorgan strategist wrote Thursday.
Bitcoin Down 20% From March But Glassnode Analysts Are Very Bullish: Here’s Why
Bitcoin might have posted the deepest correction since the FTX crash in November 2022, dipping over 20% from its all-time...