比特币与纳斯达克脱离了新的多元化机会

Ritholtz Wealth Management的首席执行官对比特币最近在市场上的行为进行了有趣的观察。

Bitcoin has begun to decouple from the Nasdaq and could be shifting toward trading more like gold, according to a recent statement by Ritholtz Wealth Management's CEO, Bruce Berkowitz.

根据Ritholtz Wealth Management的首席执行官Bruce Berkowitz最近的一份声明，比特币已经开始与纳斯达克岛分发，可能会转向更像黄金。

Over the last week or two, the world’s most famous cryptocurrency has shown signs of decoupling from the movements of the Nasdaq — a trend that could significantly impact how investors think about diversifying their portfolios.

在过去的一两个星期中，世界上最著名的加密货币表现出与纳斯达克运动的运动的迹象，这种趋势可能会极大地影响投资者对使其投资组合多样化的看法。

While BTC had long been seen as a highly volatile asset that often moved in tandem with tech stocks, especially those listed on the Nasdaq, a new pattern is emerging. The CEO noted that Bitcoin is no longer following the fluctuations of the Nasdaq as closely as it once did. Instead, it has started to trade more in line with gold, which has traditionally been viewed as a hedge against inflation and a safe haven during times of economic uncertainty.

虽然BTC长期以来一直被视为一种高度波动的资产，通常与技术股票同时，尤其是纳斯达克股票的股票，但新的模式正在出现。首席执行官指出，比特币不再像以前那样遵循纳斯达克的波动。取而代之的是，它已经开始与黄金更加一致，在经济不确定性时期，传统上将其视为反对通货膨胀和避风港的对冲。

This shift is important because it suggests that Bitcoin may be evolving from a speculative asset to one that can serve a more functional role in a diversified portfolio. For investors, this could open up exciting possibilities, especially for those seeking assets that don’t correlate directly with the stock market.

这种转变很重要，因为它表明比特币可能正在从投机资产发展为可以在多元化投资组合中起功能更具功能作用的资产。对于投资者而言，这可能打开令人兴奋的可能性，尤其是对于那些寻求与股票市场直接相关的资产的人。

One of the key points the CEO emphasized is the potential for Bitcoin to serve as a non-correlated asset in a broader investment strategy. In other words, Bitcoin could act as a valuable tool for risk mitigation.

首席执行官强调的要点之一是比特币在更广泛的投资策略中成为无关的资产。换句话说，比特币可以充当降低风险的宝贵工具。

By allocating a small percentage — say, 1% — of an investment portfolio to Bitcoin, investors could potentially protect themselves against downturns in other markets. This would be especially appealing if Bitcoin continues to behave in ways that are independent of stock market trends, as it could offer a buffer during volatile periods.

通过将投资组合的一小部分（例如1％）分配给比特币，投资者可以潜在地保护自己免受其他市场的低迷侵害。如果比特币继续以独立于股票市场趋势的方式行事，这将特别有吸引力，因为它可以在波动期间提供缓冲。

The ability to say that you hold a non-correlated asset could be transformative for portfolio construction. The ideal scenario would be to see Bitcoin rise while other holdings fall, providing diversification benefits that extend beyond traditional stocks and bonds. This would offer investors an additional layer of protection and, potentially, growth in turbulent times.

说您持有非相关资产的能力可能是投资组合结构的变革。理想的情况是看到比特币的上升，而其他持股量下降，提供超越传统股票和债券的多元化收益。这将为投资者提供额外的保护层，并可能在动荡时期增长。

Ritholtz Wealth Management will continue to monitor Bitcoin's performance to better understand the long-term implications of this decoupling.

Ritholtz Wealth Management将继续监视比特币的绩效，以更好地了解这种去耦的长期影响。

While Bitcoin's move toward trading like gold is still a relatively new development, it could signal the beginning of a broader shift in how investors perceive cryptocurrencies. This is certainly something to watch in the coming weeks and months.

尽管比特币像黄金这样的贸易行动仍然是一个相对较新的发展，但它可能表明投资者对加密货币的看法更广泛转变。在接下来的几周和几个月中，这肯定是值得关注的。

If Bitcoin continues to decouple from tech stocks and becomes more like a "hedge" or a "diverging asset," it could fundamentally reshape its role in investment portfolios — from a speculative asset to a strategic one, providing diversification, stability, and growth potential in uncertain times.

如果比特币继续与科技股分发，并且更像是“对冲”或“不同的资产”，它可以从根本上重塑其在投资组合中的作用 - 从投机资产到战略性，在不确定的时间内提供多样化，稳定性，稳定性和增长潜力。

In essence, Ritholtz Wealth Management is closely observing Bitcoin to see if it can emerge as a distinct asset class with its unique characteristics and economic implications, which could be interesting for investors interested in diversifying their holdings. The suggestion of a 1% allocation to Bitcoin is part of this exploration, and it's an opportunity that could be open to those who follow this asset's performance and trends. As always, individual investment decisions should be guided by an investor's own risk tolerance, time horizon, and broader financial goals.output: Bitcoin has begun to decouple from the Nasdaq and could be shifting toward trading more like gold, according to a recent statement by Ritholtz Wealth Management's CEO, Bruce Berkowitz.

从本质上讲，Ritholtz财富管理正在仔细观察比特币，以了解它是否可以作为具有独特特征和经济影响的独特资产类别，这对于有兴趣多样化其持股的投资者可能会很有趣。向比特币分配1％的建议是这项探索的一部分，这是一个机会，可以向那些遵循该资产的绩效和趋势的人开放。与往常一样，个人投资决策应以投资者自身的风险承受能力，时间范围和更广泛的财务目标来指导。外卖：比特币已经开始与纳斯达克脱颖而出，根据Ritholtz Wealth Management的首席执行官Bruce Berkowitz的最新声明。

Over the last week or two, the world’s most famous cryptocurrency has shown signs of decoupling from the movements of the Nasdaq — a trend that could significantly impact how investors think about diversifying their portfolios.

在过去的一两个星期中，世界上最著名的加密货币表现出与纳斯达克运动的运动的迹象，这种趋势可能会极大地影响投资者对使其投资组合多样化的看法。

While BTC had long been seen as a highly volatile asset that often moved in tandem with tech stocks, especially those listed on the Nasdaq, a new pattern is emerging. The CEO noted that Bitcoin is no longer following the fluctuations of the Nasdaq as closely as it once did. Instead, it has started to trade more in line with gold, which has traditionally been viewed as a hedge against inflation and a safe haven during times of economic uncertainty.

虽然BTC长期以来一直被视为一种高度波动的资产，通常与技术股票同时，尤其是纳斯达克股票的股票，但新的模式正在出现。首席执行官指出，比特币不再像以前那样遵循纳斯达克的波动。取而代之的是，它已经开始与黄金更加一致，在经济不确定性时期，传统上将其视为反对通货膨胀和避风港的对冲。

This shift is important because it suggests that Bitcoin may be evolving from a speculative asset to one that can serve a more functional role in a diversified portfolio. For investors, this could open up exciting possibilities, especially for those seeking assets that don't correlate directly with the stock market.

这种转变很重要，因为它表明比特币可能正在从投机资产发展为可以在多元化投资组合中起功能更具功能作用的资产。对于投资者而言，这可能打开令人兴奋的可能性，尤其是对于那些寻求与股票市场直接相关的资产的人。

One of the key points the CEO emphasized is the potential for Bitcoin to serve as a non-correlated asset in a broader investment strategy. In other words, Bitcoin could act as a valuable tool for risk mitigation.

首席执行官强调的要点之一是比特币在更广泛的投资策略中成为无关的资产。换句话说，比特币可以充当降低风险的宝贵工具。

By allocating a small percentage — say, 1% — of an investment portfolio to Bitcoin, investors could potentially protect themselves against downturns in other markets. This would be especially appealing if Bitcoin continues to behave in ways that are independent of stock market trends, as it could offer a buffer during volatile periods.

通过将投资组合的一小部分（例如1％）分配给比特币，投资者可以潜在地保护自己免受其他市场的低迷侵害。如果比特币继续以独立于股票市场趋势的方式行事，这将特别有吸引力，因为它可以在波动期间提供缓冲。

The ability to say that you hold a non-correlated asset could be transformative for portfolio construction. The ideal scenario would be to see Bitcoin rise while other holdings fall, providing diversification benefits that extend beyond traditional stocks and bonds. This would offer investors an additional layer of

说您持有非相关资产的能力可能是投资组合结构的变革。理想的情况是看到比特币的上升，而其他持股量下降，提供超越传统股票和债券的多元化收益。这将为投资者提供额外的一层