42 days ago • Posted by Martin Boujol
Bitcoin, the Mother-of-all-bubbles?
In percentage terms, Bitcoin simply dwarfs other bubbles from the last 45 years with its absolutely towering height. The question remains the same: will it pop, and if so, when? To nuance this, we must also remember that there are $255 trillion assets worldwide, while the entire crypto market represents only $1 trillion. Also, let us not that the Bitcoin does not poses any real threats to the traditional financial system, at least supposedly.
Source: Bofa Global Investment Strategy, Bloomberg