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World's Largest Asset Manager Says Get Ready To Stomach Complete Losses In Cryptocurrencies

Turnill noted cryptocurrencies’ high volatility, fragmented markets and lack of regulation. “We don’t see them becoming part of mainstream investment portfolios soon,” he said, adding that their volatility makes U.S. stock market turbulence during the financial crisis “almost look placid.”

Autor

Richard Turnill

Global Chief Investment Strategist, BlackRock

Zdroj

CNBC

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