The post Bitcoin Hits New ATH, But Morgan Stanley Caps Crypto Allocation at 4% appeared first on Coinpedia Fintech News
Morgan Stanley has released its October Global Investment Committee report, recommending that clients allocate 2% to 4% of their portfolios to cryptocurrency. The bank framed this as an appropriate level of exposure given the asset class’s volatility and unique market dynamics. The report described crypto as speculative but increasingly mainstream, showing Bitcoin as a type …
