The Story
News Summary
- BlackRock affirms its long-term bullish thesis on Bitcoin, classifying its 50% drop as a positioning correction caused by cascading leverage liquidations rather than structural weakness.
- The asset manager expects Bitcoin's risk-asset correlation to decline and its role as a low-correlation portfolio diversifier to strengthen.
Explore BTCUSD price history & advisor snapshot
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Stored market data
BTCUSD price history
76741.28
+13.77% over the displayed period
Advisor Snapshot
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