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Fidelity lets companies offer bitcoin in 401(k)s. Financial advisers call it a risky bet.
Cryptocurrency If you’re dreaming of retiring on a bitcoin windfall, you may want to reconsider. Bitcoin’s recent price fall has captured headlines for its breadth — declining by more than one-third since March and by more than 50 percent since November. Some are now wondering whether the sell-off could reverberate throughout the broader economy. Over the past week, the price has quietly stabilized at around $30,000. For bitcoin’s most ardent supporters — and for those with an extensive risk appetite — it may be a buying opportunity. The financial services company Fidelity Investments said it was giving companies the ability […]