Bitcoin Decline Hasn't Changed The Thesis For Institutional Investors, Coinbase Chief Institutional Strategist Says

"It’s a setup we’ve seen multiple times before," he told CNBC. "Go back 10 years, the returns are just silly, right? If you held the S&P for 10 years, you made about two and a half times your money. If you’ve held gold for 10 years, you made about three times your money. If you’ve held Bitcoin, you’ve made about 11 to 15,000 times your money."D’Agostino framed the recent decline as par for the course for the asset, urging market observers to zoom out as is commonly said on "crypto Twitter."D’Agostino’s rema ...