Rick Rieder, Chief Investment Officer of Global Fixed Income at BlackRock, said Tuesday that an “ideal” investment portfolio should have exposure to hard assets such as gold and Bitcoin (CRYPTO: BTC). Bitcoin A Hedge Against Fiat Depreciation? During an interview with CNBC, Rieder said that gold, Bitcoin and assets that provide a “ballast” against potential currency depreciation should be on investors’ radar. When asked about the percentage of Bitcoin allocation in a portfolio, Rieder said that 5% seems ...

Rick Rieder, Chief Investment Officer of Global Fixed Income at BlackRock, said Tuesday that an “ideal” investment portfolio should have exposure to hard assets such as gold and Bitcoin BTC/USD. Bitcoin A Hedge Against Fiat Depreciation?During an interview with CNBC, Rieder said that gold, Bitcoin and assets that provide a “ballast” against potential currency depreciation should be on investors’ radar.When asked about the percentage of Bitcoin allocation in a portfolio, Rieder said that 5% seems “high” to h ...