T. Rowe Price: Bitcoin has become a key asset for hedging currency debasement
- —Macellari: Bitcoin is no longer an alternative but part of asset allocation strategies
- —The main buyers of U.S. government debt are shifting from foreign to domestic
- —T. Rowe Price has launched an active multi-token ETF
- —Round-the-clock trading could increase market fragmentation
Why it matters: A signal of growing institutional demand for Bitcoin as a defensive asset amid U.S. government debt concerns.
Source: Digital Today