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Posted by
Two Blokes Apr 25 -
Filed in
Crypto
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Bitcoin (CRYPTO: BTC) should be viewed as an asset uncorrelated to U.S. tech assets over the long term, according to Jay Jacobs, U.S. Head of Equity ETFs at BlackRock (NYSE:BLK). What Happened: Speaking in an interview with CNBC on Thursday, Jacobs emphasized that Bitcoin's performance is being driven by different macroeconomic forces than traditional equities.
