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The Herding Effect in Crypto-Markets

https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html   Cryptocurrencies have dominated financial news headlines for the past 12 months, as Bitcoin, the giant of cryptos, has soared 1000% in the past year. Cryptocurrency markets are entirely speculative, a feature which tends to lure away conservative investors. These types of markets are susceptible to attacks from what we call the “herding” effect […]

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