Bitcoin price stabilises as BlackRock CEO labels crypto as ‘revolutionary’

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City AM

By Darren Parkin There’s no ignoring Larry Fink, the CEO of the biggest asset management company in the world, when he goes on Fox News and calls Bitcoin a revolutionary technology. “Bitcoin is an international asset, it’s not based on any one currency and so it can represent an asset that people can [invest in] as an alternative,” he said yesterday. BlackRock’s revised application for a spot BTC ETF is still under review at the SEC. Bitcoin remains steady around $30,130 this morning, largely flat in the last 24 hours, while Ethereum’s Ether was in the same boat. Other large cap cryptocurrenci…

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