Emelda Franklin kBsA
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The CEO of the largest asset management company in the world warns of a dollar collapse.. ! ⚠️
Larry Fink - the CEO of BlackRock - warned that the US dollar may lose its status as a global reserve currency due to increasing economic problems in the United States, along with the growing interest in digital currencies, such as Bitcoin, which he confirmed investors consider a safe haven compared to traditional currencies!
In his annual speech to BlackRock investors - which this year was titled "The Democratization of Investing" - Larry Fink emphasized that the dollar's status as a global currency is not guaranteed forever, noting that the rising US debt (which has exceeded $35 trillion) and massive government spending could weaken confidence in the dollar, and he explained that rising debt alongside increasing interest rates could lead to a permanent budget deficit by 2030, posing a threat to the stability of the US economy. 💸 #USGovernment #news #tech #BTC #crypto
Larry Fink - the CEO of BlackRock - warned that the US dollar may lose its status as a global reserve currency due to increasing economic problems in the United States, along with the growing interest in digital currencies, such as Bitcoin, which he confirmed investors consider a safe haven compared to traditional currencies!
In his annual speech to BlackRock investors - which this year was titled "The Democratization of Investing" - Larry Fink emphasized that the dollar's status as a global currency is not guaranteed forever, noting that the rising US debt (which has exceeded $35 trillion) and massive government spending could weaken confidence in the dollar, and he explained that rising debt alongside increasing interest rates could lead to a permanent budget deficit by 2030, posing a threat to the stability of the US economy. 💸 #USGovernment #news #tech #BTC #crypto
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Bitcoin becomes the fifth largest asset globally by market capitalization, surpassing Alphabet.
The market value of Bitcoin reached $1.87 trillion, surpassing that of Alphabet's $1.859 trillion by a narrow margin.
The market capitalization of Bitcoin (Bitcoin-BTC) has risen to currently rank fifth globally among assets in terms of market capitalization, surpassing tech giant Alphabet, the parent company of Google; Bitcoin's market value reached $1.87 trillion on April 23, slightly exceeding that of Alphabet's $1.859 trillion according to the latest global asset ranking data. As such, the leader of the crypto sector is now only separated from the top largest assets by market capitalization by gold, Apple (NASDAQ:AAPL), Microsoft, and Nvidia.
The market capitalization of Bitcoin (Bitcoin-BTC) has risen to currently rank fifth globally among assets in terms of market capitalization, surpassing tech giant Alphabet, the parent company of Google; Bitcoin's market value reached $1.87 trillion on April 23, slightly exceeding that of Alphabet's $1.859 trillion according to the latest global asset ranking data. As such, the leader of the crypto sector is now only separated from the top largest assets by market capitalization by gold, Apple (NASDAQ:AAPL), Microsoft, and Nvidia.
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The cryptocurrency market will witness unprecedented increases after the Trump administration directs customs duty profits towards purchasing Bitcoin.
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