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Brazil's Itaú Advises 1-3% Bitcoin Allocation as Long-Term Portfolio Hedge

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Brazil’s Itaú continues to advise a 1–3% Bitcoin allocation as part of a long-term crypto strategy to hedge against economic uncertainty. The bank highlights Bitcoin’s role in portfolio diversification and currency protection, especially amid market stress. Itaú plans to expand digital asset services, including custody solutions, and notes Bitcoin’s performance relative to the real and dollar. The recommendation aligns with a long-term investing approach, emphasizing resilience and strategic positioning over short-term volatility.
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