Bitcoin sells off amid 'crypto winter.' What investors need to know
Bitcoin sells off amid 'crypto winter.' What investors need to know
3 months ago
MSNGreg Iacurci
Bitcoin sells off amid ‘crypto winter.’ What investors need to know. Bitcoin fell below $66,000 on Thursday to its lowest level in more than a year. The digital asset is down nearly 50% from its October peak. Barry Bannister, chief equity strategist at Stifel, wrote that bitcoin could bottom out around $38,000. Crypto is a volatile asset class, and investors likely shouldn’t hold more than 5% of it in their portfolios, financial advisors said.
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