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CRYPTOS, INTEREST RATES AND NASDAQ: THE BLOCKCHAIN TRIAD WITH FINANCIAL ADVISOR DAGAN LACORTE
16 minutes Posted Feb 11, 2022 at 8:35 pm.
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Crypto currency was intended to be an inflationary hedge but as the news of a 40 year high in the consumer-price-index and rising interest/rates set in Friday February 10, stocks and crypto currencies tumbled in value.
Financial advisor Dagan LaCorte of Rockland County, New York weighs in on crypto currencies: How block chain currencies, especially Bitcoin, behave a lot more like stocks than as currencies.