BlackRock CEO Warns of Bitcoin's Potential to Rival U.S. Dollar
BlackRock CEO Larry Fink cautioned that the U.S. dollar's dominance as the global reserve currency is at risk due to rising national debt and fiscal deficits. He highlighted Bitcoin's growing role in global finance, noting that BlackRock's spot Bitcoin ETF has amassed over $50 billion in assets. Fink’s comments underscore the shifting landscape of global finance and the increasing legitimacy of cryptocurrencies.
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Source: https://www.criptor.net/publisher/coin_gape/bitcoin-price-forecast-in-april-2025-larry-fink-issues-950-million-warning-as-congress-reviews-stablecoin-bill