Analysts at Bank of America have attacked bitcoin as “exceptionally volatile” and “impractical” in a 17 March research note.
In the note, the analysts said there was “no good reason to own bitcoin unless you see prices going up”.
Fintech
Bank of America slams ‘volatile’ and ‘impractical’ bitcoin
Bitcoin's volatility makes it 'impractical as a store of wealth or payments mechanism'
Wednesday 17 March 2021 at 14:11
