Peter Thiel’s Bubble Theory Gains Relevance As Bitcoin Hovers Around $95K: ‘Extremely Hard To Define’

As Bitcoin (CRYPTO: BTC) trades near $95,000, PayPal Holdings Inc. co-founder Peter Thiel‘s framework for identifying market bubbles offers crypto investors a timely analytical tool, drawing parallels between historical manias and current market dynamics. What Happened: Speaking at the Yale Political Union in October Thiel outlined three key bubble indicators: extreme abstraction, unsustainable exponential growth, and psychosocial mania. His insights gain particular relevance as cryptocurrency…   

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