Patrik Safvenblad, the chief investment officer of Volt Capital Management, says the problem with Bitcoin and other crypto assets is that they "do not have accessible fundamentals that we could build a model on."
"When there is a crisis, markets generally move toward fundamentals. Not the old fundamentals but new, different fundamentals," he said in an interview. So if an asset doesn't provide that basic parameter, "we stay away from that," he said.
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