Question n° 485 ·
What does Bitcoin’s near-zero correlation with assets like the Nasdaq and gold suggest for its role in a diversified investment portfolio?
- It suggests Bitcoin can act as a non-correlated asset, helping to reduce overall portfolio volatility Bonne réponse
- It indicates Bitcoin’s returns are guaranteed regardless of market conditions
- It shows Bitcoin always moves in opposite direction to Nasdaq and gold
Pourquoi est-ce la bonne réponse?
This is correct because adding assets that do not move in tandem with stocks or gold can smooth returns. Bitcoin’s near-zero correlation means its price fluctuations are largely independent, which can lower risk in a diversified portfolio.