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Moody's: The volatility of Bitcoin may expose mainstream investors to a range of unfamiliar investment risks

2024-01-11 15:54:47
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ChainCatcher news, Moody's Vice President of Digital Finance Rajeev Bamra stated that the approval of a Bitcoin ETF could lead to a more stable and liquid crypto market; however, the sustainability of this positive trend depends on the trajectory of global monetary policy and the extent to which institutional investors gain access to cryptocurrencies through compliant products.

Moody's Senior Director Yiannis Giokas noted that Bitcoin's notorious price volatility, along with the value fluctuations of stablecoins and other cryptocurrencies, may expose mainstream investors to a range of investment risks that they are less familiar with.

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