Wells Fargo: Rising US tax refunds could revive 'YOLO' trades

Wells Fargo predicts that an increase in U.S. tax refunds could drive $150 billion from retail investors into risk assets, including Bitcoin, by the end of March. According to Cointelegraph, the bank suggested that larger tax refunds for Americans could revive "YOLO" trades. Wells Fargo anticipates that surplus funds from high-income individuals could flow into cryptocurrencies and tech stocks, potentially reigniting speculative activity.