Articles for tag: Bitcoin, Cryptocurrency, economic trends, financial bubble, Inflation, investment risk, Market volatility

Market News

Bitcoin Bubble Phase: Why the Twin Cities Should Brace for the Inevitable Burst

Bitcoin has recently surged past the $100,000 mark, sparking calls, particularly from supporters of Donald Trump, for the U.S. government to buy a significant amount of the cryptocurrency as a hedge against inflation. However, economist Edward Lotterman warns that this frenzy is merely an example of a classic financial bubble. He emphasizes that for something ...

Market News

Understanding Bitcoin’s Bubble Phase: Insights on Potential Bursts and Impact on the Twin Cities Economy

Bitcoin’s recent surge past $100,000 has sparked debate over whether the U.S. government should invest in cryptocurrencies as a hedge against inflation. However, economist Edward Lotterman warns that this excitement mirrors past financial bubbles that eventually burst, leaving many regretful. For something to be considered “money,” it must be reliable as a standard of value, ...

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