"Bitcoin is 'worthless' and will perform worse than stocks in the coming months" Says Analyst!
- Bitcoin is likely to fare worse than other assets in the coming months because it has no fundamental worth, Capital Economics said.
- While bitcoin's fall appeared to correlate with the fall in equities, there were different factors driving the movement of both assets.
- Bitcoin rose to a record high above $19,000 toward the end of last year, but has since fallen dramatically.