According to BlackRock CEO Larry Fink, Bitcoin and other cryptocurrencies are now mature enough to serve as safe-haven assets during times of geopolitical turmoil. Fink believes that the recent rally in Bitcoin is a sign of pent-up interest in crypto and a flight to quality among investors. While bad news stories dominate the headlines, Fink reminds us of the world-changing potential of artificial intelligence and technology, which could create more jobs and factories in the US. Despite erroneous reports of SEC approval, Bitcoin is currently trading at $28,448.
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BlackRock CEO Larry Fink: Bitcoin and Crypto Will Serve as Safe-Haven Assets in Times of Crisis
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