In
a recent note to clients, strategists from JPMorgan suggested a one percent
portfolio allocation to Bitcoin and other cryptocurrencies. As reported by
Bloomberg, JPM strategists Joyce Chang and Amy Ho opined that Bitcoin could
serve as a hedge against fluctuations from traditional assets like bonds,
stocks, and commodities. However, they advised clients to allocate a small
percentage due to the risk of major downturns in Bitcoin’s value. https://youtu.be/1XyyN8p6s5s
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