Post by Augustine Chiagozie (@pabloexchange)
₿ BlackRock's Fink sees Bitcoin hitting $700,000
Larry Fink told CNBC he believes Bitcoin could reach $700,000 — driven by growing institutional adoption and potential sovereign wealth fund allocations into BTC.
Fink framed Bitcoin as a legitimate store of value and a hedge against currency debasement, adding that if large sovereign funds allocate even a small percentage to BTC, the price impact would be substantial.
Coming from the CEO of the world's largest asset manager — which now runs the biggest Bitcoin ETF on the market — this isn't noise. It's a signal on where institutional conviction is heading.
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