BlockBeats News, January 23rd, Larry Fink, CEO of the world's largest asset management company BlackRock, believes that the price of Bitcoin could rise to $700,000.
Attending the World Economic Forum in Davos, Switzerland, Fink believes that the cryptocurrency Bitcoin, as one of the international investment tools, will become increasingly popular. The ultra-rich will allocate 2% to 3% of their funds to this tool, causing its price to continue to rise, possibly reaching $700,000. However, Fink emphasized that he is not trying to promote Bitcoin. (Jinse)