Reported 2 months ago
In a recent interview, Rebecca Patterson, the former chief investment strategist at Bridgewater Associates, described Bitcoin as primarily a speculative asset for retail investors amid ongoing volatility in the market. Despite Bitcoin's rising mainstream appeal, marked by notable interest from political candidates like Donald Trump, Patterson cautioned that institutional investors are still hesitant due to liquidity concerns. She emphasized that, while the cryptocurrency sector has evolved into an intriguing sub-asset class, significant institutional investment is not yet feasible.
Source: YAHOO