CNBC Pro

Big investors bought up bitcoin as hoped and in the process ruined its usefulness as a hedge

Artur Widak | NurPhoto | Getty Images

Bitcoin suffered alongside stocks as investors fled risk assets in January, raising questions about the cryptocurrency's efficacy as a hedge.

More In Pro Insight

CNBC ProGoldman names its top tech giants to weather volatility — and gives one upside of nearly 140%
watch now
VIDEO11:28
CNBC ProTwitter, NVIDIA, and Broadcom are some of today's stocks: Pro Market Movers May 26
CNBC ProEarnings reports are causing big moves for stocks. Here's a way to play them with options