Bitcoin (BTC) Will Benefit as Growing Disillusionment with the 60/40 Portfolio Undermines Traditional Investments

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Bitwise CEO Hunter Horsley has suggested that growing disillusionment with the 60/40 portfolio will benefit Bitcoin and other cryptocurrencies.

"The 60/40 portfolio is dead. 57 months of a bond market drawdown has finally brought the 60/40 portfolio to its knees," the Bitwise CEO said, sharing a post by Bilello.

The post attributes the downfall of the 60/40 portfolio to persistent inflation and interest rates, which have pushed bond prices down. Data from Creative Planning indicates that the bond market has been in a drawdown since August 2020, about 57 months, its longest such spell on record.

"The 60/40 portfolio has lost nearly 20% of its value since the beginning of 2022. It’s the worst two-year return in the 122-year history of the stock and bond markets. Can you imagine losing 20% of your portfolio in two years?" Bilello added.

Gaining Bitcoin and cryptocurrency exposure is no easy task.

Read More: How To Gain Bitcoin And Cryptocurrency Exposure In Your 401k Or IRA

However, there are several ways to diversify your portfolio with crypto and get exposure to the asset class.

Plus500 offers a platform where you can trade crypto futures with up to $200 in bonuses and no need for wallets, allowing you to focus on price speculation and practice different strategies with free paper trading.

Alternatively, you can grow your IRA or 401(k) with Crypto, providing access to alternative investments, including a Crypto IRA, within your retirement account. This enables you to invest in Bitcoin, Ethereum, and other cryptocurrencies for retirement savings.

See More: Top 5 Cryptocurrency IPOs To Watch For In 2023

This content is for informational purposes only and does not constitute investment advice.