The Pomp Letter

The Pomp Letter

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The Pomp Letter
The Pomp Letter
Bitcoin's Volatility Is Dampening - What It Means For Returns

Bitcoin's Volatility Is Dampening - What It Means For Returns

Anthony Pompliano
Aug 09, 2024
∙ Paid
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The Pomp Letter
The Pomp Letter
Bitcoin's Volatility Is Dampening - What It Means For Returns
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To investors,

Bitcoin’s performance yesterday was one of the best in recent memory. The asset started the day at approximately $57,000 and appreciated to about $62,500. This more than 10% increase for the period added over $100 billion to the asset’s market cap.

This performance comes after the fear-inducing rapid drop in price at the end of last weekend.…

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