HSBC CEO: “Very skeptical” on cryptocurrencies

In an interview with Reuters, HSBC CEO John Flint noted that he remains “very skeptical” on cryptocurrencies.
As of writing, Bitcoin, the world’s largest cryptocurrency, rallies nearly +10% to trade near $ 11,500 levels while its counterpart, Ethereum, gains +3% to $ 949.
Key Notes:
Bitcoin price analysis: Sudden death of South Korean regulator may weight it down
NEO/USD price analysis: Bumped into $140.00 resistance, as speculators taking profit
Author

Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

















