CME Trader Buys Bitcoin Dip at $10,000 Because It’s a ‘Genuine Dollar Hedge’

Jim Luorio, a managing director at TJM Institutional Services and a trader on CNBC’s Futures Now, believes the bitcoin dip at the $10,000 level is worth considering. On CNBC’s Futures Now, Luorio said: I am actually starting to see bitcoin for what it may be; and that really is a genuine dollar hedge safe haven […]

The post CME Trader Buys Bitcoin Dip at $10,000 Because It’s a ‘Genuine Dollar Hedge’ appeared first on CCN Markets

Source: https://www.ccn.com/crypto/cme-trader-buys-bitcoin-dip-10000-dollar-hedge-safe/2019/07/03/

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