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Advisors keep Bitcoin in their portfolio despite steep corrections
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The crypto market saw somewhat of a blood bath over the weekend, on the back of a 22% Bitcoin plunge. While some recovery is on the way, advisors have been keeping large-cap Bitcoin constant in their portfolios.
In a recent interview, Ted Oakley, founder and Managing Partner of Oxbow Advisors, took a similar position. He said,
“Take whatever position you’re going to take, whether it be 2% or 3%, in the larger either Ethereum or Bitcoin, something along that line, and just own it…”
The two assets
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