Credit Suisse CEO Tidjane Thiam has said that bitcoin is in a bubble, and interest in the cryptocurrency will soon wane.
Highlights
- Credit Suisse CEO Tidjane Thiam says bitcoin is in a bubble.
- Thiam: “The only reason today to buy or sell bitcoin is to make money” Interest in the cryptocurrency will soon wane, he says.
- The CEO says the only reason to buy bitcoin is for money to make it money is speculation, which is the “very definition of a bubble” Thiam said in a statement that interest in bitcoin will wane in the next few days.
- The move is expected to be a big shake-up in the market, according to Thiam’s report.
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Bitcoin Soars Above $28,000 In Full-Blown Mega Rally As Ether, Cardano, XRP See Super Bullish Uplift