Bond Investors Aren’t Buying Crypto Craze

Fibo Quantum

Bond markets held two informal referendums on cryptocurrencies recently. The results weren’t pretty. 

El Salvador’s government bonds nosedived in mid-September after the Central American nation became the first country to adopt bitcoin as a national currency. A few days later, cryptocurrency trading platform Coinbase issued $2 billion of corporate bonds, some of which have since lost about 4.5%.

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