Crypto Assets are Soaring... Again

Though November 20th, Bitcoin has more than doubled in value since the start of 2024. Since the end of 2022, it has more than quintupled. But why? Even the most passionate crypto investors have a difficult time explaining exactly what Bitcoin is in terms the average person can understand. It doesn’t pay dividends or interest. It doesn’t generate revenue or profits. You can’t hold it. Heck, you can’t even see it. So why do certain investors love it as much as they do? This asset class which exists out in the technological ether?

In this week’s Trading Perspectives, Sam Clement and John Norris discuss the recent rally in Bitcoin and wonder just how much longer can it last. After all, it seems like we have been through this previously. So, is this time different?