Bitcoin is not digital gold and behaves like a speculative financial instrument: Stifel's Bannister
CNBC Television·2026-02-09 20:35

Let's bring in Barry Bannister. He's the chief equity strategist at Seiffl. Barry, it's great to have you and and I don't know if if this is part of a broader macro case or a Bitcoin specific kind of move that jumps out to you after a lot of the trading damage we've seen.>> Yeah, Bitcoin is is not digital gold. Uh when you think about gold when it does well and when it does best historically, it's because of higher thanex expected inflation with lower growth, stackflation basically. But Bitcoin really behav ...

Bitcoin is not digital gold and behaves like a speculative financial instrument: Stifel's Bannister - Reportify