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Benzinga
Benzinga
Business
Aniket Verma

Mohamed El-Erian Argues Bitcoin's Drop Is Due To Flight of Speculative 'Tourist' Investors, But This Analyst Says It's 'Not the End of the World'

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Economist Mohamed El-Erian said on Tuesday that Bitcoin (CRYPTO: BTC) is still dominated by “tourist” investors who fuel short-term price swings, pointing to the heavy outflows from the iShares Bitcoin Trust ETF (NASDAQ:IBIT).

Flight Of Speculative Buyers Behind Bitcoin’s Decline?

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