Has all the fun gone out of trading bitcoin? Maybe, but that could be a good thing, with one analyst predicting a $50,000 price for bitcoin as institutional investors begin to allocate. In recent days bitcoin, by some measures, has become less volatile than stocks, although you would be foolish to expect that to continue. And on a wider view the correlation with equities has been tightening – currently at around 0.48 with 1 being a measure of absolute correlation […]
