Pantera Capital: Bitcoin’s 8-Year-Compound Annual Growth Rate is Massive

Cryptocurrencies like Bitcoin represent a new asset class that has the lowest correlation to traditional assets, as well as one the best annual performance records. This is the conclusion of blockchain-oriented hedge fund Pantera Capital, which recommends investors to diversify portfolios by allocating a share of it to cryptos. Bitcoin Has Almost No Correlation to Traditional Assets Pantera CEO Dan Morehead said in a letter published on Medium that Bitcoin and blockchain businesses had almost … Continue reading Pantera Capital: Bitcoin’s 8-Year-Compound Annual Growth Rate is Massive