Breaking News: Bitcoin Soared Because of BlackRock!
Wow, there's a rumor about Bitcoin! Apparently, the rich BlackRock is still selling Bitcoin like there's no tomorrow. Collected more than 362 thousand Bitcoins, crazy right? Therefore, the price of Bitcoin immediately flew high.
Of all the Bitcoins in the world, BlackRock already has 1.7%. Wow, it's really big! In fact, the money they have invested in Bitcoin has reached $24 billion. It's crazy!
The rise in the price of Bitcoin is causing a stir. A lot of people come along to buy, so it's like another scramble for snacks. But, there are also those who are worried, fearing that this is just a temporary trend.
Why is BlackRock so keen on Bitcoin? He said it's because now it's good to invest. Moreover, the US central bank is giving cheap loans. Therefore, many rich people are starting to look at Bitcoin.
But, there is something to remember too. There used to be a tech bubble that burst. Well, maybe Bitcoin too? We have to be careful.
Furthermore, some are also suspicious of Coinbase, where BlackRock stores its Bitcoins. Some say, maybe the Bitcoin doesn't really exist. But, the boss of Coinbase immediately objected, saying that all Bitcoins are genuine.
