Fund managers think bitcoin is in a bubble, but not equities

Bitcoins may be selling like hot cakes, but global investors are wary of a bubble brewing there. The latest global fund managers’ survey by BofA Securities showed that 74% of fund managers think bitcoin is just a bubble.

The increased adoption of cryptocurrencies by institutional investors has translated into a massive rally in this asset class.

In the past one year, the price of bitcoin has risen by many folds from around $10,000…


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