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Tuesday, September 12, 2017

Investors Say Being Long Bitcoin Is Now the Most Crowded Trade

Chinese regulators aren’t the only ones getting nervous about the astronomical rally in bitcoin. Bullish bets on the cryptocurrency are now considered the most crowded trade in financial markets, according to fund managers surveyed by Bank of America Merrill Lynch. Twenty-six percent cited bitcoi...

Investors Say Being Long Bitcoin Is Now the Most Crowded Trade

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