Kendall Horkley UYj5
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❕ BlackRock Warns of Bitcoin Supply Shock, Says There’s Not Enough for U.S. Millionaires
BlackRock analysts warn that Bitcoin’s fixed supply makes it unable to meet rising demand, unlike gold. With up to 4M BTC lost or inaccessible, there wouldn’t be enough if every U.S. millionaire wanted just 1 BTC. The firm sees Bitcoin as a long-term store of value, a hedge against USD dominance, and a key asset in the digital transition. BTC is currently trading at $85,381.
BlackRock analysts warn that Bitcoin’s fixed supply makes it unable to meet rising demand, unlike gold. With up to 4M BTC lost or inaccessible, there wouldn’t be enough if every U.S. millionaire wanted just 1 BTC. The firm sees Bitcoin as a long-term store of value, a hedge against USD dominance, and a key asset in the digital transition. BTC is currently trading at $85,381.
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