BREAKING 🚨
BlackRock says most institutional investors now view Bitcoin as a risk‑off asset 🟠.
The pivot follows weeks of heightened market turbulence and a surge in demand for safe‑haven holdings. The survey, conducted across 200+ asset managers, revealed a 62% consensus for Bitcoin’s risk‑off classification. Critics note Bitcoin’s price still mirrors equity swings, but proponents argue the new stance could unlock deeper institutional capital.
Bitcoin rallied roughly 3% on the report, and the market eyes further upside as the risk‑off narrative spreads 📈.
$ONG, $EDEN , $BTR
BlackRock says most institutional investors now view Bitcoin as a risk‑off asset 🟠.
The pivot follows weeks of heightened market turbulence and a surge in demand for safe‑haven holdings. The survey, conducted across 200+ asset managers, revealed a 62% consensus for Bitcoin’s risk‑off classification. Critics note Bitcoin’s price still mirrors equity swings, but proponents argue the new stance could unlock deeper institutional capital.
Bitcoin rallied roughly 3% on the report, and the market eyes further upside as the risk‑off narrative spreads 📈.
$ONG, $EDEN , $BTR