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BlackRock has released a new report highlighting the unique role of Bitcoin (BTC) as a diversifier for modern investment portfolios. The report emphasizes that BTC shows low long-term correlation with traditional financial assets. Despite its volatility and short-term fluctuations—such as the 7% drop in early August 2024—BlackRock analysts believe that BTC has the potential to serve as a "safe-haven asset" in times of global economic uncertainty. 📊 https://www.blackrock.com/us/financial-professionals/literature/whitepaper/bitcoin-a-unique-diversifier.pdf #Bitcoin #BTC #BlackRock
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