Barclays Investment Chief Compares Bitcoin To ‘Flightless Bird’
What Happened: Bitcoin (BTC) price corrected sharply from $57,000 to just under $50,000 earlier today, before recovering to $54,178 at the time of writing. Over the course of its rally, the market-leading cryptocurrency has come under scrutiny from those skeptical of its success – most recently from Barclays (NYSE: BCS) investment chief Will Hobbs.