BlackRock report adds fuel to debate over Bitcoin price correlations, calling it "unique diversifier"
Briefly

Investors are increasingly considering Bitcoin as a "unique diversifier" due to its uncorrelated price movements with traditional assets over the long term.
Rodríguez noted, "There are periods where the correlation seems to be really high and these periods where these correlations kind of decouple, like the correlation disappears, or it's negative."
The BlackRock report emphasizes Bitcoin's decentralized nature and how it is embraced as a "flight to safety" amid political and economic instability.
Rodríguez explains intermarket flows, saying, "During times of volatility, an investor might choose to sell S&P 500 and invest in Bitcoin or vice versa."
Read at Fortune Crypto
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