#ATENCIÓN 🚨Bitcoin Alert: BlackRock Issues Warning!
Bitcoin recently surged to $70,000 but quickly dropped, causing a $300 billion market loss and nullifying the $4 trillion milestone. This comes amid warnings from US Treasury Secretary Janet Yellen about potential high interest rates that could destabilize cryptocurrencies like Bitcoin. BlackRock, a major issuer of Bitcoin ETFs, has also voiced concerns about unprecedented factors affecting Bitcoin prices.
BlackRock analysts anticipate that central banks will maintain high interest rates to tackle inflation, prolonging market uncertainty. Since reaching $71,907 on June 7th, Bitcoin has fallen 11% and now trades at $61,919.
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