Bitcoin Watch – Deutsche Bank AG warns against cryptocurrencies

At the beginning of 2017, the highly volatile Bitcoin was valued at just below USD1,000, however recently it has skyrocketed well into the teens at a high of over USD19,000.

Latest Bitcoin news:

Deutsche Bank AG Global Head of Chief Investment Office Markus Mueller spoke to Bloomberg News yesterday and warned of the perils of investing in cryptocurrencies. Mr Muller discussed the Problematic issues of investing, including high volatility, possible price manipulation and data loss or data theft. “We do not recommend that. It’s only for investors who invest speculatively,” he said. “There is a realistic risk of total loss.”

Stay updated here with how the cryptocurrency is tracking: