Noor
@oxnoor
💰 BlackRock’s head of digital assets says #Bitcoin is risky, but still a ‘risk-off’ asset BlackRock head of digital assets Robbie Mitchnick believes the crypto industry has made a marketing blunder when it comes to Bitcoin (BTC). A risk-on asset, like stocks, is something that investors buy when they are optimistic about the market and are willing to take more risk. Therefore, a “risk-off asset” is where investors move their money when they’re worried about market volatility.
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