Bitcoin’s Surge Keeps Investors Wanting More
Bitcoin’s evolution from a cybercurrency struggling to make a dent with investors to its current star status on Wall Street is making headlines around the world. Up well over 300% this year alone, the cryptocurrency is finding the media spotlight to be a bright one. Mainstream and niche journalists are covering the hype surrounding bitcoin with a dedication some could say even U.S. President Donald Trump might envy. In fact, bitcoin (BTCUSD) is now considered the “most crowded trade,” as measured Tuesday by the monthly Bank of America Merrill Lynch survey of 200 global fund managers (http://nnw.fm/ZI3oT). That translates into…