The American investment company BlackRock, one of the largest in the world, has released a statement in which it recognizes Bitcoin as a unique tool for diversifying an investment portfolio. This comment comes against the background of growing global risks and the threat of depreciation of the US dollar due to the growing federal budget deficit.
BlackRock emphasizes the decentralized nature of Bitcoin and its resilience in times of economic turmoil.
The asset manager believes that BTC can act as a hedge against inflation and currency devaluation.
The BlackRock fund already holds approximately $21.5 billion worth of bitcoin.
It should be noted that recently Bitcoin fell sharply, but now it has started to grow again.
