Bitcoin’s nearly five-fold climb in 2017 looks very similar to tech bubble surge
Bitcoin's nearly five-fold climb in 2017 looks very similar to tech bubble surge David Ader, chief macro strategist at Informa Financial Intelligence, shows how bitcoin's gains resemble that of the Nasdaq Telecommunications Index before the tech bubble burst. Bitcoin has gained nearly 400 percent this year, helped by increased interest from institutional investors. However, digital currency expert Chris Burniske points out the market value of bitcoin is still a fraction of what stocks were during the dot-com boom. Vidoe blob:https://www.cnbc.com/e53fec4c-f5c1-4568-b72a-67d362f70882…