Crypto Assets Aren’t a ‘Real Investment,’ ECB Vice President Says

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.

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