Veteran macro investor Dan Tapiero sees “huge opportunity” for Bitcoin as investors cautiously turn to cash. Data from Refinitiv Lipper showed investors sitting atop a circa $5 trillion worth of money-market funds. Mr. Tapiero noted that cash investments return zero yields to investors, which may prompt them to enter riskier markets like stocks, gold, and Bitcoin. Nothing behaved as safe-haven during the infamous global market rout of March 2020, except cash. A brutal sell-off caught […]
