Crypto’s weak fundamentals mean investors should be prepared for yet more price swings, the bank’s vice president said

• “When you have difficulties to find out what are the real fundamentals of an investment, then what you’re doing is not a real investment.”
• Crypto investors have had to withstand stomach-churning volatility this month, with the world’s largest cryptocurrency, bitcoin, incurring losses of 34% so far, the most for a single month since November 2018.