JPMorgan says investors can put 1% of their portfolios in #Bitcoin despite calling it a poor hedge.

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Mehabe
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JPMorgan says investors can put 1% of their portfolios in #Bitcoin despite calling it a poor hedge. Mainstream adoption has increased Bitcoin’s correlation w/risk assets, which rise & fall w/econ changes. This reduces bitcoin’s benefits of diversifier. h/t Holger Zschaepitz

JPMorgan says investors can put 1% of their portfolios in #Bitcoin despite calling it a poor hedge.

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