Video Credit: Reuters - Politics - Duration: 04:44s - Published
How much should you bet on bitcoin?
JPMorgan strategists see bitcoin rising to as high as $146,000, but DataTrek Research's Nick Colas tells Reuters' Fred Katayama why people shouldn't invest any more money on that volatile cryptocurrency than they would spend on a lunch.
JPMorgan strategists see bitcoin rising to as high as $146,000, but DataTrek Research's Nick Colas tells Reuters' Fred Katayama why people shouldn't invest any more money on that volatile cryptocurrency than they would spend on a lunch.
Bitcoin jumped as much as 14% on Friday to a two-week high after Tesla chief Elon Musk tagged the cryptocurrency in his Twitter biography. Fred Katayama reports.
On Thursday, Bitcoin fell as much as 11%.
The drop comes after a report from BitMEX Research suggested a critical flaw called "double-spend" occurred in the bitcoin blockchain.
Double-spend is a..
On Friday, Bitcoin slid as investors took profits from the volatile trading week.
Business Insider reports the cryptocurrency fell as much as 11%, to $34,409.04, at intraday lows.
The slide closes..
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