Despite institutional adoption, ETF approvals, and renewed regulatory clarity, Bitcoin (BTC) has dropped more than 25% from its peak, wiping over $1 trillion from the broader crypto market.
A recent Economist feature highlighting “crypto fragilities” has sparked debate among ******* ysts over whether this marks a structural weakness or a cyclical bottom.
However, Coinbase's (Nasdaq: COIN) head of institutional research David Duong thinks Bitcoin’s recent underperformance actually reinforces its long-term diversification role despite what The Economist wrote.
TheStreet Roundtable host Scott