Bitcoin Above $28K Buoyed by California ‘BitLicense’ Bill Being Signed

CoinDesk reported:

“Relative to other assets, the risk vs. reward (or upside vs. downside) of crypto looks much better relative to other asset classes,” said Solo Cessay, co-founder of social app Calaxy, in a note to CoinDesk. “Crypto looks like it has the best upside vs. downside potential, given the current asset prices. Real estate, the S&P 500 – everything is still trading near all-time highs.”

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