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.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

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