Bitcoin Price Rally ‘Amazing’ But ‘Speculative’: Wall Street Strategist

Bitcoin Price Rally ‘Amazing’ But ‘Speculative’: Wall Street Strategist

Wall Street strategist Bob Doll said that the record-setting bitcoin price rally may be predicated on investor speculation, but that does not detract from the fact that it is on an “amazing run”. Doll, chief equity strategist at Nuveen Asset Management, told CNBC that bitcoin’s meteoric rise “feels speculative” but has been fascinating to watch.