CoinScoopBloomberg's Mike McGlone: 'Bitcoin Has Failed' in This Area, Here's Why
Bloomberg Intelligence senior commodity strategist Mike McGlone argues that Bitcoin and the crypto market's effectiveness in portfolio management needs reassessment. He notes the MarketVector Digital Assets 100 Index (MVDA), in which Bitcoin makes up about 67%, is three times as volatile as the Nasdaq-100.
Summaries are written by AI from the original article. Not investment advice.