- June 16, 2021
- Posted by: Stratford Team
- Category: Business
CoinShares chief strategy officer Meltem Demirors and Defiance ETF CIO Sylvia Jablonski on the latest headlines surrounding Bitcoin and cryptocurrencies.
Bitcoin was trading around 0.1% lower on Wednesday morning.
The price was around $40,237 per coin, while rivals Ethereum and Dogecoin were trading lower at around $2,537 and 31 cents per coin, respectively, according to Coindesk.
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Bitcoin was holding steady after surging to $40,000 following another weekend of price swings following tweets from Tesla boss Elon Musk, who fended off criticism over his market influence and said Tesla sold bitcoin but may resume transactions using it.
In other news, some 81% of fund managers believe Bitcoin is in a bubble, even after May’s 35% price crash, according to the latest Bank of America Global Fund Manager survey and reported by Coindesk.
The results for the period June 4-10 are up six percentage points from last…
