Express

BlackRock CEO Sees Bitcoin Reaching $700K Amid Currency Concerns

Mary Liu

Summary: BlackRock CEO Larry Fink has suggested that Bitcoin could serve as a hedge against currency devaluation and instability, potentially reaching a value of up to $700,000.  In a recent interview at the World Economic Forum in Davos, Fink told Bloomberg Television that he had discussed with a sovereign wealth fund the possibility of allocating a ...

BlackRock CEO Larry Fink has suggested that Bitcoin could serve as a hedge against currency devaluation and instability, potentially reaching a value of up to $700,000. 

In a recent interview at the World Economic Forum in Davos, Fink told Bloomberg Television that he had discussed with a sovereign wealth fund the possibility of allocating a portion of their portfolio to Bitcoin. He indicated that widespread adoption of this strategy could propel Bitcoin's price to significantly higher levels.

Last Update:

Tags: ,
Link: BlackRock CEO Sees Bitcoin Reaching $700K Amid Currency Concerns   [Copy]
Next:

Related Articles

  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 4 hours ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 4 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 6 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 8 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 11 days ago

    • You need to login to comment.