Cathie Wood Highlights Bitcoin's Role in Diversified Asset Allocation

On February 8, ARK Invest CEO Cathie Wood emphasized the importance of introducing new assets with low correlation to existing ones for achieving diversified asset allocation. According to BlockBeats, Wood noted that Bitcoin fits this criterion, suggesting that the inclusion of low-correlation assets can enhance risk-adjusted returns over the long term. Wood believes that institutions are taking cryptocurrencies seriously, despite previous hesitations due to the concept of a 'four-year cycle. ' Regardless of whether such a cycle exists, the market has experienced a significant downturn and is nearing what many technical analysts consider a potential bottom source: https://www.binance.com/en/square/post/289444716584722?utm_source=BinanceNewsRSS