Bitcoin a bubble unless broader uses emerge: Cliff Asness
Cliff Asness, one of the co-founders at AQR Capital Management, referred to Bitcoin as a speculative bubble, given its dramatic surge past $100,000 following the 2024 U.S. presidential election in November. Clifton Asness expresses ongoing doubt about Bitcoin’s (BTC) lasting worth because it lacks concrete, everyday applications beyond mere speculation and illegal dealings. In an … Read more