Investors Worry About Bitcoin and Tech Stock Bubbles: Survey

Investors are growing worried about Bitcoin and tech stocks on Wall Street as the biggest risks of market bubbles right now, according to a recent report by Deutsche Bank picked up by CNBC on Tuesday.

A survey by Deutsche Bank showed that the majority of investors, 89% of 627 participants, believe that some financial markets are facing the risk of being in the bubble territory.

Bitcoin with its recent historic surges is viewed as an extreme case, receiving a 10 mark on a scale from one to ten in evaluating bubble risks, followed by technology stocks on Wall Street, which received a rating of 7.9, after unprecedented rises last year.

The survey results showed that more investors believe that both the world’s largest cryptocurrency and the stock of Tesla are more likely to decline this year than to maintain their upward trend.