Home Cryptocurrency Wells Fargo sees ‘YOLO’ trade driving $150B into Bitcoin and risk assets

Wells Fargo sees ‘YOLO’ trade driving $150B into Bitcoin and risk assets

Wells Fargo sees ‘YOLO’ trade driving $150B into Bitcoin and risk assets

A Wells Fargo strategist said bigger US tax refunds may revive retail risk-taking by late March, potentially sending fresh cash into Bitcoin and momentum stocks.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Kraken acquires token manager Magna ahead of IPO

Kraken’s strategic acquisitions enhance its market position and innovation capacity, potentially boosting...

XRP Ledger activates permissioned DEX for regulated institutions on mainnet

The activation of a permissioned DEX on XRPL may enhance institutional blockchain...

Joe Lubin: Banks must adopt blockchain to survive the DeFi revolution | Epicenter

Banks are increasingly adopting blockchain technology to improve efficiency and adapt to...

Bitcoin May Gain If AI Job Losses Trigger Bank Stress, Hayes Says

Arthur Hayes has issued a stark market warning: he sees a growing...