Bitcoin Volatility Merits a Conservative Outlook

Bitcoin and its fellow cryptocurrencies have been hogging the headlines again following Wednesday’s deep plunge. Seasoned crypto investors are accustomed to such swoons, which are usually mirrored in the performance of Bitcoin-related stocks, such as miner Riot Blockchain (RIOT).

And just as Bitcoin surged in the year’s first quarter, so did Riot’s revenue streams. The company reported Q1 results earlier this week, with revenue reaching $23.2 million, a 342.1% uptick from the $5.2…


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