BlackRock says Bitcoin potentially hedges tail risk as it decouples from stocks
BlackRock's digital assets head Robert Mitchnick said Bitcoin sentiment has shifted 'in a noticeable, but subtle way' over the past month, pointing to its outperformance during July's AI pullback. BlackRock stated Bitcoin potentially hedges tail risk, outperformed AI stocks in July, and that decoupling is healthy for BTC's thesis.
Detected & updated continuously · Source: Nebula
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JUST IN: 🇺🇸 BlackRock says Bitcoin potentially hedges tail risk. • Outperformed AI stocks in July. • Decoupling is healthy for BTC’s thesis. https://t.co/EO5zTioSMf
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BlackRock's Mitchnick says Bitcoin sentiment has turned as it decouples from stocks @BlackRock digital assets head Robert Mitchnick said Bitcoin sentiment has shifted "in a noticeable, but subtle way" over the past month, pointing to its outperformance during July's AI pullback, https://t.co/HEZqnA3WuV