Bitcoin

BlackRock

Global investment giant BlackRock has released a new report, calling Bitcoin a "unique diversifier" in investors' portfolios. The company, which manages assets worth over $9 trillion, noted that the cryptocurrency can serve as a hedge in the face of the growing U.S. national debt, which has surpassed $35 trillion.
The report highlights that Bitcoin has a low correlation with traditional assets, making it attractive for investors seeking alternative ways to preserve capital. According to BlackRock, over the past five years, Bitcoin has delivered an average annual return of over 230%, while the S&amp;P 500 index has grown by only 15% per year.
Company experts point out that including Bitcoin in an investment portfolio, even in small proportions, can significantly improve the risk-return ratio. However, BlackRock warns about the cryptocurrency's volatility and advises investors to carefully assess their risks.

BlackRock Labels Bitcoin a “Unique Diversifier” in New Report

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