In brief
- In a June, Edelman shook up the investment world by recommending 10%-40% crypto allocations in portfolios.
- The founder of the influential Digital Assets Council of Financial Professionals views the current environment as an opportunity to buy the asset.
- Bitcoin’s reaction to macroeconomic uncertainty along with more traditional assets is a sign of its maturity, he said.
Ric Edelman isn’t budging from the groundbreaking cryptocurrency investment strategies he urged six months ago, even as Bitcoin lingers far from its record-breaking heights.
The founder of the Digital Assets Council of Financial Professionals views the current environment—with Bitcoin falling back below $90,000 going into the weekend—as an opportunity to…