BlackRock “BTC to continue to rise...demand rising on limited supply”
BlackRock, the world's largest asset manager, has released its Global Outlook 2025 report, stating, “We expect emerging assets such as Bitcoin and traditional assets such as gold to emerge as new diversification vehicles. Bitcoin, in particular, has the potential to continue to appreciate in value as limited supply meets growing demand.” “In fact, since the U.S. presidential election, Bitcoin has reached new all-time highs, likely as investors consider the promises of President-elect Donald Trump. Furthermore, widespread adoption of Bitcoin will completely change the risk and return profile of investments. At that point, Bitcoin may be better suited as a tactical hedge against certain risks, much like gold. In the past, investors have bought gold as a hedge against high inflation, and gold prices have risen sharply as central banks in major economies have piled into the metal as an alternative to fiat currencies. It is important to look at how these alternative assets have performed relative to traditional asset classes. Bitcoin's role as a store of value and payment system makes it a potential diversification vehicle.”