WBD314 – Sovereign Bonds & Bitcoin with Lyn Alden

Click to down load audio version

Bitcoin is not slowing down right after its massive start off to 2021, and February has been a different exceptionally bullish thirty day period for bitcoin.

Initial, following Tesla’s announcement that they acquired $1.5bn of bitcoin for their corporate treasury, the cost surged above $50,000 for the initial time.

A couple days afterwards, with the bitcoin price tag at $53,763, the marketplace capitalisation of bitcoin broke $1 trillion.

Although bitcoin has given that dropped back again beneath the $1 trillion industry cap, some analysts have advised that if bitcoin can keep previously mentioned that stage, this de-hazards bitcoin as an investment. With this, some institutional traders may get started to see bitcoin as a far more feasible choice.

In this interview, I speak to Lyn Alden, a macroeconomist and investment strategist. We discuss Tesla getting bitcoin, MicroStrategy’s billion-greenback increase, hitting a $1 trillion marketplace cap and the sovereign bond current market.

Sights: 1,878


Related Articles

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button
We would like to show you notifications for the latest news and updates.
Allow Notifications