✉news BusinessCrypto first seen 2 d ago, last 2 d ago, peak #25
BlackRock's Larry Fink warns Bitcoin leverage raises crash risks
Original: BlackRock's Larry Fink warns Bitcoin's leverage problem raises crash risks
Larry Fink, chief executive of asset manager BlackRock, has warned that heavy leverage in Bitcoin trading increases the risk of a sharp market crash. The remarks from the head of the world's largest asset manager, whose company offers Bitcoin products to investors, are drawing attention across crypto and financial circles as traders weigh his warning against institutional adoption of the asset.
Why now: A leading Wall Street figure warning about crypto market stability is notable given BlackRock's own Bitcoin investment products.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/2369326