A ‘Huge’ BlackRock Bitcoin ETF Price ‘Surprise’ Is Suddenly About To Hit
The bitcoin price has climbed to over $62,000 per bitcoin, with traders now turning to a China "shock and awe" earthquake, after the Fed surprised traders with a 50 basis point cut, kicking off what's expected to be a fresh liquidity cycle that could put the bitcoin and crypto market on the "cusp" of a major move.
Now, as fears swirl the U.S. dollar is on "the verge of a total collapse," the world's largest asset manager BlackRock has warned of "growing concerns" around the spiraling $35 trillion U.S. debt pile that's predicted to drive "institutional interest in bitcoin."
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https://www.forbes.com/sites/digital-assets/2024/09/22/blackrock-reveals-its-quietly-preparing-for-a-35-trillion-federal-reserve-crisis-with-bitcoin-predicted-to-spark-a-sudden-price-boom/
The bitcoin price has climbed to over $62,000 per bitcoin, with traders now turning to a China "shock and awe" earthquake, after the Fed surprised traders with a 50 basis point cut, kicking off what's expected to be a fresh liquidity cycle that could put the bitcoin and crypto market on the "cusp" of a major move.
Now, as fears swirl the U.S. dollar is on "the verge of a total collapse," the world's largest asset manager BlackRock has warned of "growing concerns" around the spiraling $35 trillion U.S. debt pile that's predicted to drive "institutional interest in bitcoin."
Sign up now for the free CryptoCodex—A daily five-minute newsletter for traders, investors and the crypto-curious that will get you up to date and keep you ahead of the bitcoin and crypto market bull run
https://www.forbes.com/sites/digital-assets/2024/09/22/blackrock-reveals-its-quietly-preparing-for-a-35-trillion-federal-reserve-crisis-with-bitcoin-predicted-to-spark-a-sudden-price-boom/
