eToro analyst Lale Akoner stated that more and more investors are using Bitcoin as a way to diversify their investment portfolios. The S&P 500 index leans towards large tech stocks, especially Nvidia, with few defensive stocks. Long-term U.S. Treasuries have been popular as a diversification tool, but have recently come under pressure. She said this means investors are looking for other assets to protect their portfolios from potential losses. "I think this is why we are seeing more gold and Bitcoin," she said. Bitcoin is still a high-risk asset, but it can diversify investments effectively.