Bitcoin bounces after drop from all-time highs: Four market analysts on what they’re watching

Bitcoin bounced on Friday, though ended the week nearly 6% lower.The cryptocurrency had been under pressure earlier in the week on fears of a regulatory crackdown from the new Biden administration.Bitcoin was on a tear up until two weeks ago, topping $40,000 on Jan. 7.Here's what experts are watching now.Steve Weiss, CIO at Short Hills Capital Partners, is skeptical bitcoin can make the leap to everyday currency."I don't believe in bitcoin. There's no way that it's going to be a currency until the volatility stops. You can't walk into a grocery store with $100 of bitcoin in your pocket and by the time you get to the cash register, it's worth $50. … It'll still go up and down, still be a spec trade, but that's what it is, call it for what it is."Jason Gardner, CEO of payment platform Marqeta, explains how the company has partnered with Coinbase to…

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