Bitcoin (CRYPTO: BTC) should be considered a core component of modern investment portfolios, according to Fidelity, with the asset manager citing its strong performance and diversification benefits.

Bitcoin Stands Out

Bitcoin has evolved into a major asset class, often rivaling traditional markets in size while delivering strong long-term returns.

According to Fidelity, it has frequently ranked among the top-performing assets, outperforming peers about 73% of the time.

The report highlights Bitcoin’s strong risk-adjusted returns and its correlation with global money supply, suggesting a potential role as a hedge against monetary inflation.

Its relatively low correlation with equities and…

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