header banner

Bloomberg: Are you a machine?

Bitcoin Rebound Fuels Renewed Interest in Crypto Investing


Some financial planners are recommending clients buy the largest cryptocurrency — in moderation. 

A Bitcoin sign on the opening day of a European blockchain convention earlier this month.

Photographer: Angel Garcia/Bloomberg

Bitcoin’s climb to $35,000 is helping to restore its reputation in the world of investment advice.

The world’s largest cryptocurrency has more than doubled from last year’s epic collapse, a significant development when stocks have dropped and bond yields are surging. With the Federal Reserve planning to keep interest rates high, and geopolitical tensions threatening financial stability, some advisors say adding Bitcoin to an investment portfolio can be a good way to diversify.

Up Next

Bitcoin Rebound Fuels Renewed Interest in Crypto Investing


Article information

Author: Elizabeth Hall

Last Updated: 1699915922

Views: 1308

Rating: 4.3 / 5 (98 voted)

Reviews: 98% of readers found this page helpful

Author information

Name: Elizabeth Hall

Birthday: 1957-05-27

Address: 383 Palmer Mission, Port Jonathan, PA 88300

Phone: +3869384333701277

Job: IT Consultant

Hobby: Golf, Stargazing, Horseback Riding, Beekeeping, Metalworking, Coffee Roasting, Badminton

Introduction: My name is Elizabeth Hall, I am a cherished, important, sincere, radiant, bold, capable, venturesome person who loves writing and wants to share my knowledge and understanding with you.