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Bloomberg Markets and Finance published this video item, entitled “Bitcoin Rises to All-Time High” – below is their description.
Apr.13 — John Normand, head of cross-asset fundamental strategy at JPMorgan, discusses bitcoin’s merits as an inflation hedge after the digital currency jumped to an all-time. “If really what you’re trying to isolate is a modest move up in inflation, then I think other hard assets are more sensible than crypto,” Normand said on Bloomberg Television.Bloomberg Markets and Finance YouTube Channel
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In This Story: Bitcoin
Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software. Bitcoin was the first decentralized cryptocurrency.