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BlackRock Highlights Bitcoin’s Risk-Off Status in the Long Term

September 27, 2024
in Crypto Updates
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Second, bitcoin’s excessive volatility might be perceived as a “dangerous” asset, which contributes to the dialogue that whether or not it’s a “risk-on” or “risk-off” asset. The token could possibly be thought of a flight-to-safety choice as a result of it’s scarce, non-sovereign, and decentralized. Lastly, BlackRock identified that the long-term adoption of bitcoin could come from international instability.



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