Blackrock Believes Bitcoin’s Investment Case Holds Despite 50% Drop

NewsWed, 19 Aug 2026 10:30:59 UTC1 hour ago
Blackrock Believes Bitcoin’s Investment Case Holds Despite 50% Drop
Blackrock says bitcoin’s more than 50% pullback from its October 2025 high hasn’t changed the asset’s long-term investment case, and the firm still recommends a 1-2% portfolio allocation funded out of equities. Blackrock’s Case for Staying the Course In a new report titled “Re-Underwriting Bitcoin,” Blackrock laid out why it believes the cryptocurrency’s steep decline […]
Read from Source · news.bitcoin.com ↗
This content is automatically aggregated. Full credit goes to the original publisher (news.bitcoin.com).

Related