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Herd on the Street? Bank of America Survey Calls Bitcoin ‘Most Crowded Trade’

Buying bitcoin is now the most crowded trade in the financial markets. According to a recent Bank of America survey, 26 percent of 181 fund managers polled (who oversee a combined $629 billion in assets) cited bitcoin as the most crowded trade. The second most popular choice for the distinction was going long on the […]
The post Herd on the Street? Bank of America Survey Calls Bitcoin ‘Most Crowded Trade’ appeared first on The Bitcoin News - Leading Bitcoin and Crypto News since 2012 .

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