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Bitcoin Is ‘Sound Money,’ Ethereum a ‘Speculative Tech Bet,’ Says BlackRock

  • Asset manager BlackRock categorized Bitcoin as a gold alternative and Ethereum as an equity or speculative tech bet.
  • Bitcoin is seen as a hedge against global disorder and eroding trust in traditional structures.
  • Ethereum is presented as a core infrastructure supporting blockchain-based applications.
  • While BlackRock's explanation suggests Bitcoin benefits from geopolitical tensions, recent market moves contradicted this.

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