BlackRock CEO Predicts Bitcoin Price Surge to $700,000

Larry Fink, CEO of BlackRock, has predicted that the price of Bitcoin could reach $700,000, citing its growing appeal as a hedge against inflation and economic uncertainty. Fink’s prediction comes amidst market volatility and increased institutional interest in cryptocurrencies. After his comments, Bitcoin surged to $88,500, signaling a surge in buying activity. This bullish sentiment coincides with rising asset accumulation trends among institutional investors.