
BlackRock CEO Predicts Massive Bitcoin Rally to $700K Amid Global Instability
BlackRock CEO Larry Fink believes that Bitcoin could soon hit the $700,000 price tag if the fears of currency destabilization and economic instability remain high.
BlackRock CEO Larry Fink believes that Bitcoin could soon hit the $700,000 price tag if the fears of currency destabilization and economic instability remain high.
Amid the sharp fall in the market during Q4 2018, BlackRock earnings took a major hit falling much below industry estimates.
The price of Bitcoin has plunged more than 9% in the last 24 hours following the announcement from the SEC that once again delays its decision on the rule change for a VanEck’s Bitcoin exchange-traded fund. The new deadline is February 27, 2019.
BlackRock’s Larry Fink showed that he is eager to believe in the potential of crypto. According to him, cryptos could one day be seen as a good way to store wealth, but not necessarily now.
Larry Fink, The CEO of the world’s largest asset manager sees ‘huge potential’ in Cryptocurrencies.