Fidelity's Jurrien Timmer identifies Bitcoin as an important asset for diversifying investment portfolios due to its low correlation with stocks and near-zero correlation with long-term U.S. Treasuries. He groups Bitcoin with other diversifiers like gold, commodities, and cash, emphasizing its potential to reduce risk in traditional stock-and-bond portfolios. Recently, Bitcoin showed signs of recovery, breaking above $80,000 and suggesting a possible new bull market cycle. This makes Bitcoin particularly attractive for investors seeking alternatives to conventional assets.
Bitcoin as a key diversifier is noted here, with Pluang market data providing context for cryptocurrency trends. For readers following crypto, breadth shows 19 of 50 major cryptocurrencies rose and 30 fell today. ENJ rose 2.64% to Rp544 with 100% buy orders, XLM fell 2.45% to Rp3.984 with 91% buy orders, and DOT fell 2.43% to Rp21.743 with 69% buy orders, as of Oct 02, 2026 13:22 WIB.
Young crypto investors and voters aged 18-24 are increasingly critical of Donald Trump's involvement in cryptocurrency, labeling his TRUMP tokens as greedy cash grabs. This shift in sentiment has caused his support among this key demographic to fall ...
Tether's USDT, the largest stablecoin by market cap, is returning to the Bitcoin network this month through Utexo, a Tether-backed project. Utexo will enable private USDT transfers, direct swaps between Bitcoin and USDT, and loans backed by Bitcoin, ...
Shares of JD Wetherspoon rose over 7% following strong like-for-like sales growth of 8.6% early in the new financial year, boosted by favorable weather. Despite revenue increasing 5.2% to £2.238 billion, higher costs in wages, repairs, and business r...
The Pentagon has appointed Elon Musk, along with Palmer Luckey and Newt Gingrich, to lead Project Meridian, a 120-day study to guide the development of future US military weapons and systems. The study covers advanced technologies like AI, robotics, ...
Ether (ETH) increased by 1.53% to $2,769 on Binance within an hour, with a 3.38% gain over 24 hours. During this period, short liquidations across Binance, Bybit, and OKX reached $17.12 million, significantly outweighing long liquidations at $110,000...
