BlackRock: Bitcoin would be a good portfolio diversifier
Jinse Finance reported that Robert Mitchnick, head of digital assets at BlackRock, analyzed the impact of Bitcoin’s correlation and risks on U.S. stocks on investor portfolio construction. He said that the recent rise in Bitcoin has been synchronized with the rise in U.S. stocks, but even so, Bitcoin Will still be a great portfolio diversification tool.
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
VeChain Slides 8.3%: Is This a Healthy Correction or a Bigger Warning Sign?
Stablecoin supply has stalled in 2026, but payments rose by 45% to $480B: Report
The most dangerous divergence in U.S. stocks: ordinary stocks have already plummeted, how much longer can AI giants hold on?
Significantly tightened financial conditions are heavily impacting ordinary stocks in the US stock market, with the median S&P 500 constituent falling 15% from its peak and the equity risk premium dropping below zero. Rising US Treasury yields and oil prices have pushed the financial conditions index sharply higher, resulting in a severe deterioration in breadth beneath the apparent calm of the index. Market divergence is intensifying, raising the core uncertainty of whether ordinary stocks will catch up or the index will converge downward.
Will APT’s price clear $0.87 after Aptos’s launch of Block-STM v2 upgrade?
Crypto prices
More
