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99% of Cryptocurrencies Are ‘Overpriced’, Says Digital Currency Group CEO

99% of Cryptocurrencies Are ‘Overpriced’, Says Digital Currency Group CEO

Barry Silbert, the CEO of the Digital Currency Group, has revealed on social media he believes that 99% of cryptocurrencies “are overpriced,” after sharing details of a volatility bet he made by longing the Cboe Volatility Index (VIX). On Twitter, Silbert revealed he was longing the VIX via the ProShares Ultra VIX Short Term Futures ETF.








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