Chasing crypto’s gravy train? You may get just a thin gruel
Bitcoin rose more than three per cent to register a record high of US$123,000 on Monday.Dado Ruvic/Reuters
With bitcoin hitting record highs this year amid optimism over “pro-crypto” U.S. President Donald Trump, many want to dive in lest they miss bitcoin’s seemingly instant rewards. Do you feel tempted? If so, ask yourself: “Why should I own crypto?” Here is a clear-eyed look at the pluses and minuses
Crypto bulls dismiss bitcoin’s early-2025 plunge as a temporary blip, with the subsequent rebound portending even bigger gains ahead. Yes, Mr. Trump’s pro-crypto posturing is a potential bullish feature – perhaps via several U.S. congressional proposals of crypto-friendly legislation. Mr. Trump has…
