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BlackRock’s CEO claimed that increased BTC adoption might multiply its price by several times its current level.
“I would think that there would be a possibility for the price of Bitcoin hitting that much, somewhere in between $500,000 to $700,000,” Fink said in an interview with Bloomberg at the World Economic Forum meeting in Davos on AI and crypto.
The topic of discussion about crypto certainly took a turn while Fink was seated next to Peng Xiao, CEO of UAE-based AI company G42. While Xiao asserted that he believes crypto is the currency of AI, Fink noted that it’s a hedge against inflation and pessimism about what’s going on in the world. Read more »
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