Every Big Macro Fund Should Hold At Least 1% in Bitcoin: Billionaire Investor

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Every Big Macro Fund Should Hold At Least 1% in Bitcoin: Billionaire Investor

In the last 48 hours, the Bitcoin price recovered beyond the crucial $3,500 support level and avoided a further drop below $3,000. The valuation of the cryptocurrency market increased from $110 billion to $120 billion, by just over $10 billion. Following the strong corrective rally of Bitcoin, billionaire investor Mike Novogratz stated that every major macro fund should hold at least 1 percent of their portfolios in Bitcoin. How’s the Long-Term Prospect of Bitcoin? Generally, analysts expect Bitcoin and the rest of the cryptocurrency market to begin recovering in the latter half of 2019. Throughout the past 10 years, BTC

The post Simply ‘Logical’ for Every Big Macro Fund to Hold 1% in Bitcoin: Billionaire Investor appeared first on CCN

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