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

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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