In its latest report, BlackRock praised Bitcoin to the skies. They said that Bitcoin is not just used to make the portfolio look more fancy, it is also a scarce, non-sovereign, decentralized global asset. #美联储宣布降息50个基点

Imagine that when the world is in turmoil or some geopolitical events are making a lot of noise, some investors regard Bitcoin as a safe haven. Of course, BlackRock did not forget to remind everyone that although Bitcoin is good, it also has risks.

It's like investing in a potential stock. Although you may make a lot of money, you may also fall. Speaking of this, I have to interject that Trump had a special liking for cryptocurrencies before, and people were worried that the US dollar would be in danger.

It seems that every move of the big guys can stir up the market.

Back to BlackRock's report, will Bitcoin rise again and set a new record high after their voice? Don’t forget, earlier this year, Bitcoin went viral as soon as the spot BTC ETF was approved, setting new highs.

Although Bitcoin has been a bit “tired” in recent months, many people still believe that it will soon make a comeback and create new glory.

The platform CoinCodex is full of confidence. They predict that Bitcoin will break through the $85,000 mark next month, and by October 16, 2024, it will reach a new high of $85,539. This is 37.11% higher than now! It seems that we have to keep our eyes open to see how this “surge” drama of Bitcoin will play out.