Editor's Note: Below is an excerpt and chart from this morning's Early Look. It was written by Daryl Jones.
|
It is currently estimated that 4% of Bitcoin owners own 95% of all Bitcoin. So, even if estimates are true that 1 in 20 Americans have exposure to Bitcoin, the asset getting cut from a $400 billion to $200 billion in market capitalization is unlikely to have any real systemic risk associated with it. |
