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Irrational Pessimism: Have Bitcoin Investors Gone Mad?

The cryptocurrency has floundered since reaching an all-time high in early October, but it’s not exactly clear why. Are Traders Exhibiting Symptoms of Bitcoin Derangement Syndrome? In his book “Irrational Exuberance,” pu...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Irrational Pessimism: Have Bitcoin Investors Gone Mad?
The cryptocurrency has floundered since reaching an all-time high in early October, but it’s not exactly clear why. Are Traders Exhibiting Symptoms of Bitcoin Derangement Syndrome? In his book “Irrational Exuberance,” published in 2000, Nobel prize-winning economist Robert Shiller placed the blame for market bubbles squarely on the shoulders of overzealous investors. Shiller went on […]

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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