Crypto is ‘one of the biggest bubbles ever’: Strategist

When it comes to cryptocurrency, financial adviser Ryan Payne agreed with billionaire Charlie Munger when he said, “This era is even crazier than the dot-com era.”

“This whole Bitcoin (BTC-USD) thing — this whole cryptocurrency — is one of the biggest bubbles ever,” Payne, president of Payne Capital Management, told Yahoo Finance live on Friday. 

“I do think that bubble is eventually going to burst. It’s going to be ugly,” he added. 

The global crypto market “is somewhere over $2…


Source link

About search

Check Also

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

[unable to retrieve full-text content]European Stocks Drop With US Tech Rally Faltering: Markets Wrap  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *