Friday, March 3, 2023

Bitcoin And Technology Stocks


Bitcoin's price volatility is similar to that of small and mid capitalization technology stocks.

However, I expect sooner rather than later Bitcoin's price to decouple from the movement of technology stocks' prices.

Bitcoin is financial technology or fin-tech, but it is also a financial asset which could exhibit a slightly different price behavior.


I believe Bitcoin and the underlying blockchain is too disruptive a technology to be merely compared to information technology companies.

No comments:

Post a Comment