Report by Erik Norland, Senior Economist at CME Group This paper examines why bitcoin is so volatile; its supply and demand drivers, and how the cryptocurrency compares to commodities. What is most striking about the economics of bitcoin is the certainty of its supply and the vagaries of demand. The rate at which bitcoin is…...
Bitcoin: Will the Rally Last?
- Post published:December 14, 2017
- Post category:Member Announcements