Markets

BANK OF AMERICA: Bitcoin is the ‘most crowded’ trade

Being long bitcoin is the most crowded trade in the world, according to a fund manager survey conducted by Bank of America Merrill Lynch. The cryptocurrency has surged higher in recent weeks as a handful of exchanges have started transacting it, offering an increased level of legitimacy. Managers of large […]
BANK OF AMERICA: Bitcoin is the ‘most crowded’ trade