Bitcoin May Evolve into a Low Beta Investment Tool, Says BlackRock Executive
According to CoinDesk, BlackRock's Head of Digital Assets, Robert Mitchinik, stated at the Token2049 conference in Dubai that Bitcoin may gradually evolve into a low beta investment tool. Recently, Bitcoin has decoupled from the U.S. stock market, maintaining relative stability amid U.S.-China trade tensions, which has reinforced its position as a safe-haven asset.
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
Data: If ETH falls below $2,882, the total long liquidation volume on major CEXs will reach $962 millions.
Musk: Grok is open-source software, anyone can use it for free
150 BTC transferred from an anonymous address to an exchange
Trending news
MoreCrypto prices
More
