BlackRock CEO Larry Fink has described Bitcoin as an ideal hedge against economic and political instability, stating that it could potentially reach values of $500,000 to $1,000,000 per Bitcoin. However, he clarified that he is not promoting Bitcoin. Fink believes that Bitcoin can serve as an internationally-based instrument for overcoming currency debasement and geopolitical risks. He sees Bitcoin as a viable solution for those concerned about the stability of their country. Currently, BTC is trading near $103,700 with a price drop of over 1.70% in the past 24 hours.



Other News from Today