Investment Giant AllianceBernstein Now Says Bitcoin Has Role in Investors’ Portfolios
The research arm of the New York-based asset manager now recommends bitcoin as part of an investment portfolio.
After bitcoin's price hit its previous all-time high in 2017, it fell. Analysts explain why the latest rally will be different.
Growing investor interest, central bank money printing and PayPal's entree helped push bitcoin prices above their previous December 2017 record.
A combination of volume, derivatives action and infrastructure improvements led bitcoin’s price to go where it hasn’t gone before. Ether is looking supremely bullish, too.
With bitcoin’s price hitting a new all-time high on Monday, retail investors will inevitably want to get in on the original crypto asset.
Why a price surge is not only attracting a new cadre of institutional investors, but also producing the beginnings of a new set of FUD.