Connect with us

Hi, what are you looking for?

Videos

Is Bitcoin Rally Different This Time?

Published

Dec.01 — David Garrity, chief market strategist at Laidlaw & Co. (U.K.) and founder of BTBlock, discusses the outlook for bitcoin, which pulled back after approaching $20,000 on Tuesday amid skepticism over the cryptocurrency’s intense rally. The token hit a previous peak of $19,511 in December 2017 amid widespread elation, only to lose 70% over the course of the following year. Garrity speaks with Haidi Stroud-Watts and Shery Ahn on “Bloomberg Daybreak: Asia.”

Credit: YouTube/Bloomberg Television

In this article:

You May Also Like

Stocks

Elon Musk Has Lost Interest in Acquiring Twitter – Possibly Headed Towards Legal Dispute

Previously, in April, the CEO of Tesla and SpaceX, Elon Musk, caused quite a stir by revealing his intentions to procure the entire social...

January 18, 2023

Stocks

There Has Been a Decline in the Real Estate Market During the Summer Period

Concerns about rising prices are impacting the entire economy of the United States, and one sector that is particularly affected is the real estate...

January 15, 2023

Stocks

Kellogg Divides Into Three Separate Entities

Kellogg, a major supplier of packaged foods in the United States and globally, has maintained overall centralized control of all its owned labels during...

January 19, 2023

Stocks

Goldman Sachs, Leading Investment Bank, Surpasses Analyst Predictions Despite Decreased Revenue

This morning, esteemed financial institution Goldman Sachs unveiled its second-quarter financial results. Similar to other prominent financial firms, the bank’s profits took a hit...

January 17, 2023