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Bitcoin and gold combination boosts portfolio efficiency, Citi analysis finds

A portfolio that includes both bitcoin and gold has delivered better long-term performance, Citi analysis showed. Reviewing the past 10 years of bond- and stock-focused portfolios, Citi said efficiency improved when the two assets were held together rather than treated as substitutes. A report said adding 5 percent gold alone raised efficiency, and splitting part of that allocation into bitcoin improved results further. The mix outperformed a traditional 60/40 portfolio in bond rallies and in periods of bearish steepening after 2020.