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Here’s what the biggest names in finance are saying about bitcoin

Ray Dalio, Mark Mobius, Lloyd Blankfein and more have weighed in on bitcoin’s extraordinary ride

By

David Ricketts

Lloyd Blankfein, senior chairman at Goldman Sachs, said that he would be arming himself to deal with bitcoin if he was a regulator
Lloyd Blankfein, senior chairman at Goldman Sachs, said that he would be arming himself to deal with bitcoin if he was a regulator Photo: Getty Images

Retail investors love bitcoin. Institutional investing heavyweights aren't so sure.

Bank of America's global survey of big fund managers named bitcoin as the most crowded trade. Analysts at JPMorgan warned that investors could begin to flee bitcoin if it fails to break out above its January high of $40,000. The cryptocurrency traded at around $32,000 on 26 January.

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