The markets aren’t overreacting to the news that Bitcoin is gaining traction.
But that doesn’t mean we should be taking Bitcoin’s rise as a sign that things are about to get worse.
As we’ve seen in the past, markets are prone to irrational exuberance.
As a result, markets have been unable to get the full picture and are currently trading at a loss.
It’s also possible that Bitcoin’s price could recover as the Bitcoin network continues to grow.
But for now, the stock market is overreactive and may soon be a loser.