The Wealthy Are Jumping Into Bitcoin as Stigma Around Crypto Fades
- Date: 11-Dec-2020
- Source: Bloomberg
- Sector:Financial Markets
- Country:Middle East
The Wealthy Are Jumping Into Bitcoin as Stigma Around Crypto Fades
A pile of coins representing Bitcoin cryptocurrency sit grouped together in this arranged photograph in London, U.K., on Wednesday, Feb. 7, 2018. Cryptocurrencies tracked by Coinmarketcap.com have lost more than $500 billion of market value since early January as governments clamped down, credit-card issuers halted purchases and investors grew increasingly concerned that last year�s meteoric rise in digital assets was unjustified.
Photographer: Chris Ratcliffe/Bloomberg
Photographer: Chris Ratcliffe/Bloomberg
Christian Armbruester wishes he'd bought more.Armbruester, the founder of Blu Family Office, a London-based investment firm for wealthy clients, dabbled