🖤 BlackRock: global uncertainty is increasing demand for bitcoin and gold.
The head of the ETF division at BlackRock, Jay Jacobs, stated in an interview with CNBC:
📌 The freezing of $300 billion in assets by the Central Bank of Russia has forced many countries to reconsider their financial strategies.
📈 Key points:
— Geopolitical tensions are accelerating the diversification of reserves among central banks worldwide.
— China and other countries may start moving away from U.S. Treasury bonds, considering gold and bitcoin as alternatives.
— Geopolitical fragmentation will be one of the defining forces in global markets in the coming decades.
— Bitcoin is increasingly perceived alongside gold as a safe-haven asset.
The era of unchallenged dollar dominance is coming to an end — new safe-haven assets are emerging.
