BlackRock’s Mitchnick says bitcoin’s risk-off narrative is ‘the one to bet on’ long term as rally consolidates near $80,000
Renewed spot ETF inflows and bitcoin's declining correlation with equities are also constructive signs, according to analysts.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
Bitcoin is showing up inside the Institutional Adoption theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on The BlockRelated market context
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