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Bernstein: Crypto Stock Market and Retail Trading Sentiment Show Extremely High Risk Appetite

As bitcoin once again attempts to break through the $70,000 resistance level to a new all-time high, analysts at research and brokerage firm Bernstein said that inflows of bitcoin exchange-traded funds, the crypto stock market, and retail trading sentiment suggest an extremely high risk appetite. Bernstein analyst Gautam Chhugani wrote that as Bitcoin and other risk assets see a rising likelihood that Donald Trump, who has publicly backed cryptocurrencies, will win the US Presidential Election, ...

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2024-10-21 10:09:50
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