$BTC #ALERT 🚨 Bitcoin Warning: BlackRock Sounds the Alarm!

Bitcoin recently hit $70,000 but quickly dropped, wiping out $300 billion from the market and nullifying the $4 trillion milestone. US Treasury Secretary Janet Yellen warns of potential high interest rates that could destabilize cryptocurrencies like Bitcoin. BlackRock, a key player in Bitcoin ETFs, has also raised concerns about unprecedented factors impacting Bitcoin prices.

BlackRock analysts predict that central banks will keep interest rates high to combat inflation, extending market uncertainty. Since peaking at $71,907 on June 7th, Bitcoin has dropped 11% and now trades at $61,200.

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