Wall Street Billionaires Turn to BTC as Inflation Hedge, Moving Away from Bonds: Forbes

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Wall Street Billionaires Turn to BTC as Inflation Hedge, Moving Away from Bonds: Forbes In a notable shift within the financial elite, more Wall Street billionaires are turning to Bitcoin (BTC) as a hedge against inflation, moving away from traditional government bonds.

However, it’s crucial for investors to approach Bitcoin with a clear understanding of its volatility and to integrate it thoughtfully into their overall investment strategy.

Investors are wary of ongoing inflationary government policies that they believe will continue to erode the value of traditional bonds.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Wall Street Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-31 @ 15:22:27 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 873 words

Reading Time: 5 minutes read

Sentences: 42 lines

Sentence Length: 21 words per sentence (average)

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

Copyright Owner: © BitcoinWorld

News ID: 23350710

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 30 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

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