Cathie Wood calls bitcoin 'good source of diversification' for investors seeking higher returns

TL;DR:

Ark's data shows bitcoin has weak price correlations with stocks, bonds, and gold, making it potentially attractive for risk-adjusted portfolio management.

Key Points:

Background:

Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

Why It Matters:

This development could influence BTC price action and market sentiment in the near term.