BlackRock CEO Larry Fink Says Bitcoin Could Reach $700k If This Happens

BlackRock’s CEO Larry Fink predicts Bitcoin price could hit $700,000 if sovereign wealth funds assign 2-5% of their portfolios to digital currency. During his World Economic Forum discussion in Davos Fink revealed talks with sovereign wealth fund managers about placing 2% to 5% of their money into Bitcoin. He thinks investments from these funds will greatly boost Bitcoin’s market value.