Bitcoin’s value has surged past $89,000, with the overall crypto market value exceeding its pandemic-era peak. The rally is attributed to President-elect Donald Trump’s vow for friendlier crypto rules and his party’s grip on Congress, boosting his agenda. Erik Knutzen, Neuberger Berman multi-asset strategies co-CIO, see the rally losing steam. He speaks to Guy Johnson, Kriti Gupta and Anna Edwards on ‘Bloomberg: The Opening Trade’. (Source: Bloomberg)
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