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Bitcoin Price Craters Further As Investment Firm Calls It ‘Worthless'
5 monthes ago | By Inquisitr
Bitcoin prices will continue to plunge over the next few months because the over-hyped cryptocurrency is “worthless.” That's what one London-based investment research firm boldly declared in a note today .
Capital Economics, which provides macroeconomic research, analysis, and forecasts, downplayed the suggestion that there's any correlation between bitcoin price movements and the equity markets, saying the asset classes are fundamentally different because virtual currencies have no value. Yikes.
“The factors driving bitcoin prices are still rather different to those driving the prices of...
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