Crypto No Longer Fringe: UBS Sees Affluent Clients Use BTC, Altcoins as Portfolio Hedge

UBS, a leading global wealth manager with over $1 trillion in assets, reports that its affluent clients are diversifying their portfolios by allocating up to 5% of their total assets into cryptocurrencies. This move reflects a broader trend among wealthy investors seeking alternatives to traditional fiat currencies, particularly as concerns grow around the US dollar. […] The post Crypto No Longer Fringe: UBS Sees Affluent Clients Use BTC, Altcoins as Portfolio Hedge appeared first on Coin Edition.