BlackRock CEO: Bitcoin Might Dethrone US Dollar as Global Reserve Currency

Apr 1, 2025 | EARNINGS

BlackRock’s Outlook 2025 called Bitcoin “a tactical hedge against specific risks, like gold.” Larry Fink, the CEO of the world’s largest asset manager, who had once labeled Bitcoin as an “index of money laundering,” experienced a notable change of heart last year amid inflationary pressures and the volatility of traditional markets.

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