What’s Going on With Cryptocurrencies: The Big Picture (Part 1)
Apr 14, 2020
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(Please note that our senior digital analyst David Grider, who writes our weekly crypto column, is sitting in for Tom Lee in this particular note. This is part one of a three-part series. Tom will return to writing Tom’s Take shortly) Part 2 is available here. Part 3 is available here.
In the current market environment, with the sharp price volatility seen in Bitcoin (BTC) and cryptocurrencies generally in the past 12 months, it’s fair for investors to ask, “What’s going on?”
While follow on contagion and spillover from the global economic chaos is the easiest answer, I think ...