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Bitcoin has ‘largely purged’ froth that preceded 50% drop from $126K: BlackRock

Bitcoin maintained its appeal as a diversification investment despite dropping more than 50% from all-time high, a BlackRock report stated.Bitcoin (BTC) falling more than 50% from its $126,200 all-time high was a “positioning correction,” BlackRock says.Read more

Photo: Cointelegraph

Bitcoin maintained its appeal as a diversification investment despite dropping more than 50% from all-time high, a BlackRock report stated.

Bitcoin (BTC) falling more than 50% from its $126,200 all-time high was a “positioning correction,” BlackRock says.

Read more

Originally published by Cointelegraph. Read the full story at the source →

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