Bitcoin Not Yet A Short-Term Risk Diversifier Like Gold, Says Jeremy Siegel: ‘It Will Snap Back But…’
Posted On October 14, 2025
Veteran economist Jeremy Siegel said Monday that while Bitcoin (CRYPTO: BTC) has positives, it does not qualify as a short-term risk diversifier asset.
‘Bitcoin Still Not There’
In an interview with CNBC, Siegel discussed the market’s outlook following a sharp rebound from last week’s sell-offs.
When asked about Bitcoin, he highlighted that the apex cryptocurrency did not prove to be a “good risk diversifier” during the shock.
“It will snap back, but for people who are thinking about what’s going to diversify for short-term risk, Bitcoin is still not there,” Siegel, professor emeritus at the …