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Author: Admin | 2025-04-28
Bitcoin and crypto prices have swung wildly this week as traders brace for U.S. president Donald Trump to drop a bitcoin price bombshell.Unlock over $3,000 in NFT, web3 and crypto perks — Apply now!The bitcoin price surged to an all-time high on Monday but has dropped back alongside Trump's new memecoin.Now, as fears grow of U.S. dollar crisis at the Federal Reserve, BlackRock chief executive Larry Fink as revealed he's had discussions with sovereign wealth funds about buying bitcoin and predicted such conversations could catapult the bitcoin price to $700,000 per bitcoin—which would give bitcoin a market capitalization of $14 trillion.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 runForbes‘It’s Going To Happen’—Bitcoin Price Braces For Huge Trump EarthquakeBlackRock chief executive Larry Fink has become one of the loudest supporters of bitcoin and crypto ... [+] on Wall Street—issuing a bullish bitcoin price prediction.© 2025 Bloomberg Finance LP"If everyone adopted that conversation, it would be $500,000, $600,000, $700,000 per bitcoin," Fink, who led the Wall Street rush into bitcoin and crypto last year via a fleet of spot bitcoin exchange-traded funds (ETFs), told Bloomberg at the World Economic Forum in Davos.BlackRock led a campaign to get a spot bitcoin ETF approved in the U.S. through 2023, with a fleet of bitcoin funds making their debut in January 2024 before surging to become some of the fastest growing ETFs of all time.U.S. spot bitcoin ETFs broke $100 billion in net assets for the first time in November, led by BlackRock's iShares Bitcoin Trust (IBIT) which now has just over $60 billion in assets under management.Fink warned that inflation fears have spurred interest in bitcoin, with governments ramping up spending and stimulus measures in recent years to combat the effects of Covid-era lockdowns."If you’re frightened of the debasement of your currency, you can have an internationally based instrument called bitcoin that will overcome those local fears,” Fink said.Inflation surged in recent years, peaking at over 10% and
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