Business
Legendary investor Jeremy Grantham says the ongoing bitcoin frenzy reminds him of the dot-com bubble – and recommends the cryptocurrency be avoided in portfolios
A wide-ranging Bloomberg interview with market historian Jeremy Grantham on Tuesday revealed his view that bitcoin is in a bubble similar to the dot-com frenzy of the early 2000s. Grantham opined on the 50% decline in bitcoin over the past two months and likened it to the fast and furious drop of …
