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Fidelity Digital Assets Recommends Investors Dedicate 5% Of Their Portfolios To Bitcoin
Summary: Fidelity Digital Assets recommended investors consider diversifying 5% of their portfolios with Bitcoin in a report published on Tuesday, October 13. The author argued that 5% would allow investors to benefit from Bitcoin's successes while protecting against downturns in the market. The report highlighted that with global interest rates near zero, the opportunity cost of ...
Fidelity Digital Assets recommended investors consider diversifying 5% of their portfolios with Bitcoin in a report published on Tuesday, October 13.
The author argued that 5% would allow investors to benefit from Bitcoin's successes while protecting against downturns in the market. The report highlighted that with global interest rates near zero, the opportunity cost of not investing in Bitcoin is high.
Report author and Director of Research at Fidelity Ria Bhutoria added that while institutional investors have caused Bitcoin to correlate to the traditional market, the asset is still fundamentally less exposed to geopolitical factors.
By Emily Mason
Tags: Bitcoin,BTC,Fidelity,Fidelity Digital Assets
Link: Fidelity Digital Assets Recommends Investors Dedicate 5% Of Their Portfolios To Bitcoin [Copy]
