BlackRock’s CEO says Bitcoin has hit its low, but his own crypto funds are still losing money
Larry Fink, the head of a $15. 3 trillion investment firm, told TV that Bitcoin’s recent slide to about $60, 000 was caused by too much borrowing, not a problem with the asset itself. He said that “the worst is behind us” and that markets should be more stable in the next year. Fink’s point is that