Cliff Asness: Bitcoin Bubble and Crypto’s Role in Speculation and Criminality
Cliff Asness, co-founder of AQR Capital Management, recently expressed his belief that bitcoin is experiencing a speculative bubble, especially after its rapid increase past $100,000 following the November elections. On CNBC’s “Money Movers,” Asness emphasized that to change his view on bitcoin, he needs to see practical use cases beyond speculation and crime. He identified ...
