BlackRock suggests a 1-2% Bitcoin allocation to hedge against currency devaluation risks.

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[Coin World] BlackRock's Chief Information Officer Rick Rieder ( Rick Rieder ) suggested incorporating Bitcoin and gold into investment portfolios to hedge against currency devaluation risks, but he believes that a 5% allocation to Bitcoin is “too high.” BlackRock recommends keeping the Bitcoin allocation in multi-asset portfolios at 1-2% to avoid excessive risk, while Ray Dalio ( Ray Dalio ) suggests maintaining a ratio above 15%. The correlation between Bitcoin and the Nasdaq has risen, sharply contrasting with its “digital gold” narrative. Bitcoin is trading at $112,351, down 0.52% in the last 24 hours.

BTC3,96%
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