/Bitcoin's a Pretty Good Guide to Animal Spirits, It Turns Out

Bitcoin's a Pretty Good Guide to Animal Spirits, It Turns Out



“The price of Bitcoin is worth watching,” Morgan Stanley analysts including Michael Wilson wrote in a report Monday. “While we do not expect this relationship to continue to hold so tightly we do think it will be hard for price-to-earnings to move significantly higher or lower without a commensurate move in …

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