Could Bitcoin Become a Global Marketplace?
Larry Fink, CEO of New York-based global investment management BlackRock, made important evaluations about BTC, which started the week well and saw the 19.800 band even though it fell to $ 19,000. Fink pointed out that Bitcoin could become a global marketplace.
Emphasizing the volatility of Bitcoin, which declined by $ 900 within minutes, the CEO stated that the upward potential of the leading cryptocurrency is high.
In the past months, CIO Rick Reider also made evaluations about the potential of the leading
cryptocurrency and pointed out that Bitcoin is permanent. Reider stated that cryptocurrencies are advantageous in terms of functionality and stated that Bitcoin will replace gold. His assessment attracted a lot of attention among the online community after
The Marketing Heaven shared it on social media.
Larry Fink also made statements in support of Reider's views. Regarding Bitcoin, Fink said “It is a fragile market. Can it turn into a global market? Probably."
Owns 15% of MicroStrategy
Although BlackRock, the world's largest fund manager, has not yet officially invested in cryptocurrency, it holds small amounts of BTC investment indirectly. BlackRock also owns 15% of MicroStrategy, which invested $ 425 million in Bitcoin. It is worth remembering that the investment in question has already earned
MicroStrategy 60 percent.
Source: Kriptokoin.com