LockMeta
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Metaverse
  • Business
  • Markets
  • Policy
  • Press Release
Twitter Telegram
LockMeta
Twitter Telegram
Google News
  • Latest News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Metaverse
  • Business
  • Markets
  • Policy
  • Press Release
LockMeta
News

“Wall Street Veteran” Bernstein: Cryptocurrency is just a bubble

December 14, 2021
Share Facebook Twitter Telegram WhatsApp Pinterest LinkedIn Tumblr Email Reddit VKontakte
"Wall Street Veteran" Bernstein: Cryptocurrency is just a bubble

Former Merrill Lynch chief quantitative strategist, founder and CEO of Richard Bernstein Advisors (Rich Bernstein Advisors). Suggested by Institutional Investor Hall of Fame member Richard Bernstein (Rich Bernstein). Should hold all assets except “bubble assets”-technology and cryptocurrency.

In an interview with CNBC, Richard Bernstein said that a dangerous dynamic similar to a “seesaw” has appeared in the market. One side of the seesaw is an asset that I call a bubble. The interference of technology, innovation, and cryptocurrency, on the other side of the seesaw, is everything else in the world.

Bernstein warned that today’s “bubble assets” could do as much damage to investors as they did in 2000. Bernstein predicts that Bitcoin may fall as much as 90% like some technology stocks during the 2000 bubble. He pointed out: I think that before everything is over, people should take a look at the real fundamentals and valuations.

Previous ArticleL’Oréal USA collaborates with artists to launch NFT artwork
Next Article Stanford University offers metaverse experience class

Related News

February 5, 2023

The Ethereum expansion project Scroll improved the v2 bridge and ZK architecture this week

February 5, 2023

SHIB rises 13% on Saturday, hits 4-month high

February 5, 2023

The Arbitrum ecological stable currency project SperaxUSD was attacked yesterday

February 5, 2023

Yuga Labs has removed wallet “0x3977″‘s DooKey Dash game high score, Mongraal is back on top

February 5, 2023

Bitcoin and Ethereum Whales Move $743 Million in Crypto in Three Massive Transfers

February 4, 2023

Morgan Creek Capital CEO: The next crypto bull market may start in the second quarter of 2023

February 4, 2023

Bitcoin Price Could Hit $45,000 Before Christmas

February 4, 2023

FTX-Backed NFT Company Limit Break Launches $6.5M Super Bowl Commercial

The Latest
Ethereum News February 5, 2023
The Ethereum expansion project Scroll improved the v2 bridge and ZK architecture this week
Altcoin News February 5, 2023
SHIB rises 13% on Saturday, hits 4-month high
Altcoin News February 5, 2023
The Arbitrum ecological stable currency project SperaxUSD was attacked yesterday
Business News February 5, 2023
Yuga Labs has removed wallet “0x3977″‘s DooKey Dash game high score, Mongraal is back on top
Ethereum News February 5, 2023
Bitcoin and Ethereum Whales Move $743 Million in Crypto in Three Massive Transfers

LockMeta provides the latest crypto news flash including Bitcoin, Ethereum, Altcoins, NFTs, Metaverse, Business and Policy. Get today's latest crypto news in a minute.

Twitter Telegram
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Metaverse
  • Business
  • Markets
  • Policy
  • Press Release
  • About Us
  • Contact Us
  • Advertise
  • Terms of Service
  • Privacy Policy
© 2023 LockMeta.

Type above and press Enter to search. Press Esc to cancel.