Fidelity says "there is almost no relationship between the returns of Bitcoin and other assets"
Cointelegraph
Published Oct 13, 2020 04:59PM ET
Updated Oct 13, 2020 06:40PM ET
In recent years, a battle of the minds has surfaced on whether or not Bitcoin’s price is correlated with other financial assets, such as stocks. A recent report from Fidelity Digital Assets brings clarity to the argument.
Fidelity’s lengthy report, titled Bitcoin Investment Thesis: Bitcoin’s Role As An Alternative Investment, shows not only a lack of correlation between Bitcoin’s price and mainstream financial assets, but higher returns for BTC investors over a long-term time horizon.
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Written By: Cointelegraph
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