BlackRock: Bitcoin would be a good portfolio diversifier
Robert Mitchnick, head of digital assets at BlackRock, analyzed the impact of Bitcoin's correlation and risk to the US stock market on investors' portfolio construction. He stated that although Bitcoin has recently risen in sync with the US stock market, it will still be a good tool for portfolio diversification.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Shiba Inu Ecosystem Expands—Team Says Kusama is on Track, SHIB Ready to Pump
Real Estate Meets Crypto— Lumia CEO and Polygon Exec Talk Tokenized $220M Towers
Solana (SOL) Eyes 252% Surge Amid Bullish Signals
Solana (SOL) confirms a Hidden Bull Divergence pattern, signaling a potential 252% surge to $457.97. Is a major breakout ahead?Breaking Key Resistance LevelsCan SOL Reach $457.97?
Retail Bitcoin Holders Are Selling—A Repeat of 2020?
Retail Bitcoin holders are offloading BTC, mirroring the 2020 capitulation phase. What does this mean for the market?Retail Bitcoin Holders Are Selling—What’s Happening?Is This a Bullish or Bearish Signal?What’s Next for Bitcoin?
Trending news
MoreCrypto prices
More
