Bitcoin And Gold In One Index? Bloomberg’s Latest Move Shakes Up Finance

Quick Summary:

Bloomberg recently launched multiple asset indices to help investors diversify their traditional portfolios, a pioneering work that combines bitcoin and commodities.

As a key investment hurdle in Bitcoin is elevated volatility, we see a fundamental case for using Bitcoin and Gold, not Bitcoin versus Gold,” Gibb said.

Meanwhile, a crypto analyst disagrees that Bitcoin and gold have zero correlation.

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets: Hungary

Topics: Btc Digital asset Bloomberg Crypto Gold Bitcoin Bitcoin Btcusd

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-16 @ 05:30:16 (3 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 532 words

Reading Time: 3 minutes read

Sentences: 32 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 26185477

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 12 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #105

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