AQR founder Cliff Asness argued on Mar 23, 2026 that cryptocurrencies behave like risk‑on assets rather than dependable safe havens, directly challenging the 'digital gold' narrative. His stance may prompt institutional investors to rethink allocation and risk models.
Crypto markets rallied after a U.S. official confirmed Ukraine accepted terms of a U.S.-brokered peace agreement following secret Abu Dhabi talks between Dan Driscoll and a Russian delegation.
Bitcoin jumped 2.9% to $92,670.71 after the US government shutdown ended, fueling a risk-on rally. Despite the move, BTC still trades below key moving averages, leaving the technical outlook mixed.