Why some investors are still wary of crypto despite post-election rally
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The price of bitcoin (BTC-USD) has soared this year, briefly surpassing the $100,000 milestone as crypto investors became hopeful of friendlier regulation under the second Trump administration.
However, not all financial institutions and investors have fully bought in. In the past, bank executives, including JPMorgan CEO Jamie Dimon and Goldman Sachs CEO David Solomon, have alluded to crypto’s volatility and expressed skepticism about its use case beyond speculation, even as their banks roll out their own blockchain services.
In a recent episode of Financial Freestyle, Armando Pantoja, founder of the leading crypto…
