Mainstream Bitcoin Could Erode Its Diversification Value Over Time, Says JPMorgan – Business Insider
Mainstream Bitcoin Could Erode Its Diversification Value Over Time, Says JPMorgan – Business Insider
Reuters JPMorgan said acceptance of Bitcoin into the mainstream could hurt its diversification value. The bank found that as bitcoin becomes more mainstream, it becomes more correlated with other assets. JPMorgan also discovered that bitcoin was less seffective than other covers in stock market draws. Sign up for our daily newsletter, 10 things before the […]
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