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Bangkok Post
Bangkok Post
Business

Warning issued for Bitcoin-related stocks

A representation of Bitcoin is seen in an illustration picture taken on June 23, 2017. (Photo: Reuters)

Investing in Bitcoin-related stocks remains very risky, analysts warned on Tuesday amid a rally in prices as inflation has begun to slow amid market expectations that interest rate hikes will not be extreme.

Stocks related to crypto investments were highly volatile in 2022 as interest rates skyrocketed and recession forecasts were issued. In the past month, Bitcoin-related share prices have begun to rally after cryptocurrency prices recovered.

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