In the journey to decide if you should even learn about digital assets and then how to make the asset class part of your practice, one of the first questions you might ask is what makes them so different.
How do we advise clients on an asset we can’t (yet) handle directly?
Cryptos gain alongside stocks.
"It is normal for investors to reduce exposure to enter at a lower price," one observer said.
“The fear is gone for now, and the market is optimistic,” Arcane Research wrote in a Tuesday newsletter. But not enough to keep bitcoin's price above $50K.
Initial support around $48K could stabilize the pullback.
Bitcoin slipped below $50K and will likely consolidate this week, analysts say.
Bitcoin rallied after Coinbase announced it will add crypto to its balance sheet.
Buyers will likely remain active on pullbacks into the weekend.
Coinbase CEO Brian Armstrong tweeted the crypto exchange will also invest 10% of its profits in cryptocurrency.
Analysts expect bitcoin to remain above its 200-day moving average.
Support at $42K-$44K could stabilize the pullback.