EconomyBlackRock’s Mitchnick backs bitcoin’s long-term ‘risk-off’ narrative as rally consolidates near $80,000
BlackRock’s Mitchnick said bitcoin’s risk-off narrative is the long-term bet as its rally consolidates near $80,000. Analysts also view renewed spot ETF inflows and bitcoin’s weaker correlation with equities as constructive signs.
TThe Block★★☆☆☆2026-08-27 12:00Original
BlackRock’s Mitchnick backs bitcoin’s long-term ‘risk-off’ narrative as rally consolidates near $80,000
Economy