Bank of America has advised its clients to allocate up to 4% of their portfolios in cryptocurrency, according to a Yahoo Finance report on Dec. 2. The guidance follows a turbulent November in which BitcoinBTC$88 34824h volatility:1.2%Market cap:$1.76 TVol. 24h:$39.40 B
swung from a $126,000 all-time high in October to lows near $82,000 in November before stabilizing near $90,000 on Dec. 2.
“For investors with a strong interest in thematic innovation and comfort with elevated volatility, a modest allocation of 1% to 4% in digital assets could be appropriate,” Chris Hyzy, chief investment officer at Bank of America Private Bank, said in a statement.
The firm also confirmed that investment strategists will begin coverage of four Bitcoin ETFs in 2026. The bank emphasized its global footprint in the Q3 2025 report, citing roughly 70 million consumer and small-business clients, 3,600 retail centers, 15,000 ATMs, 59 million verified digital users and 4 million small-business households.
Notably, corporate demand for crypto strengthened in the final week of November after a turbulent month. CoinShares report on Nov. 25 shows crypto ETPs recorded $1.07 billion last week supported by expectations of a US rate cut after comments from FOMC member John Williams.
Strategy (MSRT) share price rebounded 4.7% on Dec. 2 as Bitcoin price retakes $90,000 | Source: Nasdaq
While macro flows improved, sentiment around Strategy (formerly MicroStrategy) remained volatile. Its shares rebounded 5% on Dec. 2 after a 12% slump that had sparked liquidation concerns. Despite the pressure, Michael Saylor confirmed the purchase of another 130 BTC, lifting holdings to 650,000 BTC.
JPMorgan Flags Bitcoin–Gold Divergence as Risk Signal
JPMorgan portfolio manager Jack Caffrey said on Dec. 2 that Bitcoin remains one of the indicators he monitors to estimate market risk. He described the recent divergence between Bitcoin’s negative performance in November and Gold’s rally above $4,000 as an unusual signal, raising questions on Bitcoin’s status as a “risk-free” asset.
Caffrey told CNBC’s Squawk Box that the divergence could reflect investors positioning for a steeper yield curve, which historically supports gold. He highlighted upticks in big tech stocks such as Alphabet and resilience in pharmaceutical firms like Johnson & Johnson as signs of core economic strength.
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I’m a research analyst with experience supporting Web3 startups and financial organizations through data-driven insights and strategic analysis. My goal is to help organizations make smarter decisions by bridging the gap between traditional finance and blockchain innovation.
With a background in Economics, I bring a solid understanding of market dynamics, financial systems, and the broader economic forces shaping the crypto industry. I’m currently pursuing a Master’s degree in Blockchain and Distributed Ledger Technologies at the University of Malta, where I’m expanding my expertise in decentralized systems, smart contracts, and real-world blockchain applications.
I’m especially interested in project evaluation, tokenomics, and ecosystem growth strategies, as these are areas where innovation can drive lasting impact. By combining my academic foundation with hands-on experience, I aim to provide meaningful insights that add value to both the financial and blockchain sectors.
