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Speculative Fever Returns as Bitcoin Surges Above $60,000

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Speculative Fever,Bitcoin,Cryptocurrency

Bitcoin's resurgence and the booming demand for bullish stock options indicate the return of speculative fever in the US investment landscape.

Three years since speculative fever engulfed the US investment landscape, thrill-seeking is back in vogue – even before Jerome Powell & Co take their foot off the monetary brake. Bitcoin’s resurrection above US$60,000 is once again front-page news as meme coins rally anew. Gambling spirits go way beyond crypto, though. Demand for bullish stock options, another mainstay of the 2021 investing era, is booming.

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