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.
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