Reported 1 day ago
Billionaire Larry Fink, CEO of BlackRock, suggests that Bitcoin could soar to $700,000, representing a nearly 600% return on investment, driven by increased institutional adoption. He notes that current institutional allocations are low but could rise significantly, influenced by factors such as economic uncertainty and the appeal of Bitcoin as 'digital gold.' The launch of Bitcoin ETFs has also made investing easier for institutions, which may lead to greater adoption and increased Bitcoin value.
Source: YAHOO