BlackRock Executive: Bitcoin May Evolve into a Low Beta Investment Tool
Bitcoin may evolve into a low beta investment tool, as it decouples from the stock market and remains stable amid trade tensions, reinforcing its status as a safe-haven asset.
According to Deep Tide TechFlow, on April 30, BlackRock's Head of Digital Assets Robert Mitchinik stated at the Token2049 conference in Dubai that Bitcoin could gradually evolve into a low beta investment tool. Recently, Bitcoin has shown a decoupling phenomenon from the U.S. stock market, remaining relatively stable amid U.S.-China trade tensions, which has reinforced its status as a safe-haven asset.#币安Alpha上新 $BTC