Bitcoin 'Mania' Driven By Assets Not Linked To Central Banks Says Portfolio Manager

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R.J. Gallo, Federated senior portfolio manager, and Hans Olsen, Stifel global head of investment strategy for wealth and management, discuss the investing environment ahead of the Fed's two-day meeting.

In regard to the Bitcoin mania, Gallo says “people are looking for an asset they don’t believe is linked to a central bank that I think have been unduly vilified and so you look for things not controlled or affected by a global central authority.”

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