BlackRock CEO Predicts Bitcoin at $700K; Firm Acquires $600M in BTC

BlackRock CEO Predicts Bitcoin at $700K; Firm Acquires $600M in BTC

The CEO of BlackRock predicts that Bitcoin will hit $700,000. BlackRock CEO Larry Fink had a bold prediction for Bitcoin when he spoke at the World Economic Forum in Davos. He predicted that if sovereign wealth funds invested 2% to 5% of their portfolios in Bitcoin, the cryptocurrency might reach a price of $700,000. "You have an international tool called Bitcoin to overcome those fears if you're afraid of devaluation or local political insta...

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