The logo of bitcoin engraved on a piece of wood in Arnhem, Netherlands, on Thursday, Nov. 10, 2022.
The logo of bitcoin engraved on a piece of wood in Arnhem, Netherlands, on Thursday, Nov. 10, 2022.

Where Bitcoin can fit in the balanced portfolio: Aaron Brown

In this insightful piece by Aaron Brown, Bitcoin's recent surge to over $44,000 is analysed against historical trends.
Published on: 

In this insightful piece by Aaron Brown, Bitcoin's recent surge to over $44,000 is analysed against historical trends. Despite doubling without revisiting its March 13 low, Brown questions whether Bitcoin can find a stable place in traditional portfolios due to its unpredictable correlations with major assets. Brown's narrative explores Bitcoin's evolving use cases, from transaction currency to "digital gold," and speculates on its future value proposition amid regulatory developments, stablecoin competition, and potential disruptive events in the traditional financial system. Investors are urged to consider a cautious inclusion of Bitcoin in diversified portfolios.

Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.

Bitcoin Is Earning Its Place in a Balanced Portfolio: Aaron Brown

By Aaron Brown

It should be no surprise that Bitcoin sold for over $44,000 this week, more than double its March 13 price. Going back to 2014, it has taken the cryptocurrency an average of nine months and 21 days to double; the milestone came 28 days early this time.

___STEADY_PAYWALL___

Loading content, please wait...

Related Stories

No stories found.
BizNews
www.biznews.com