Where's trump? He's the biggest flip flopper of all.
These Five Wall Street Titans Thought Bitcoin Was a Fad. Here's What They Say Now
Bitcoin took some 15 years from creation to eclipse $100,000. Along the way, the digital currency experienced feverish rallies and spectacular crashes. Today, it is newly ascendant in Washington and a $2 trillion asset. Yet some of Wall Street's biggest luminaries still aren't convinced of its value.The world's largest cryptocurrency has been buoyed by hopes that the digital-assets industry will bloom under a second Donald Trump administration. Investor enthusiasm over a coming crypto renaissance has lifted other tokens too, pushing the market cap of all cryptocurrencies toward $4 trillion.With prices rising and crypto companies flush with cash, some of the biggest banks and asset managers on Wall Street are trying to capitalize on the resurgence. Others continue to shun what they see as a speculative bubble. Here's how the views of some of the world's biggest investors have evolved over time:. "Of course, I wish I bought something that trades at 100 times the price it traded at a few
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