Bitcoin Could Act as Hedge Against Geopolitical Uncertainty -- Market Talk

Dow Jones
05/02

0736 GMT - Bitcoin stands to benefit as investors seek protection against losses stemming from geopolitical uncertainty, Zaye Capital Markets analyst Naeem Aslam says in a note. President Trump threatened sanctions on anyone who buys Iranian oil Thursday. His "aggressive foreign policy tone" adds a layer of uncertainty that could bolster bitcoin's appeal as a geopolitical hedge, Aslam says. Trump's inner circle is also embracing the cryptocurrency more publicly with Eric Trump and Donald Trump Jr. set to speak at the Bitcoin 2025 conference from May 27-29, he says. "Institutional appetite remains strong too: BlackRock bought $350 million in bitcoin, and Invesco's exchange traded fund saw $10.6 million in inflows just yesterday." Bitcoin rises 0.1% to $96,617 , according to LSEG.(renae.dyer@wsj.com)

 

(END) Dow Jones Newswires

May 02, 2025 03:36 ET (07:36 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10