BlackRock: Bitcoin will be a great tool for portfolio diversification
ChainCatcher news, BlackRock's digital asset head Robert Mitchnick analyzed the impact of Bitcoin's correlation with U.S. stocks and risks on investors' portfolio construction. He stated that recently, the rise of Bitcoin has been synchronous with the rise of U.S. stocks, but even so, Bitcoin will still be a great tool for portfolio diversification. (CNBC)
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