Bitcoin's Investment Case Hasn't Changed, BlackRock Says, Backs up to 2% Portfolio Allocation
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Bitcoin's (CRYPTO: BTC) investment case has not changed even as the asset trades 50% off its highs, according to a research paper published Tuesday by BlackRock (NASDAQ:BLK). Why Did BTC Drop From 50% BlackRock's research sees crypto-specific leverage, slowing institutional inflows and selling from large holders as main drivers of Bitcoin's decline.
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