Bitcoin: Investment Opportunity and Level

bitcoin: What's going on Bullish experts say the strong showing could signal that bitcoin has a future as a worthy investment opportunity, according to CNN. But the currency's volatile and controversial history has prompted plenty of skepticism. It tapered off slightly by mid-afternoon, but is still trading at its highest level in nearly a year. Bitcoin has typically been regarded as risky, said Dan Held, co-founder of Interchange, a company that advises businesses on how to manage their crypto assets. After all, the currency skyrocketed in value Monday when the Dow plunged 617 points, perhaps suggesting that investors turned to bitcoin as a safe haven asset. But he said the currency's resurgence might be the first inkling that it holds weight as a risk off trade an investment treated as a safer bet when markets are tumultuous, like bonds or gold. (news.financializer.com). As reported in the news.