With Netflix Plunging 40%, Will Bitcoin Also Start Trading Like “An Overpriced Tech Stock”?
On a day where the business media focused on Netflix’s massive 40% fall in stock value, one analyst explained to Yahoo Finance that because of tightening monetary pressures from the Federal Reserve, the European Central Bank and other worldwide central banks, even the biggest cryptocurrency Bitcoin could soon see itself being traded as “an overpriced tech stock.”. […]