📊 #BTC Head of Digital Assets Division at BlackRock stated that BTC's fundamental indicators remain strong. However, excessive speculation, particularly on leveraged derivative #trading platforms, introduces instability that threatens the asset's role as a serious portfolio hedging tool. While BTC’s long-term value as a "global, scarce, decentralized monetary asset" remains intact, its short-term behavior increasingly resembles a "NASDAQ with leverage," which could deter conservative investors from entering this market segment. #crypto