U.S. Bitcoin reserve draws mixed reactions: ‘The market is skeptical on…’

📆 20/11/2024 17:15:00
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Top asset managers have offered divergent position on US Bitcoin reserve. VanEck supports it, while BlackRock hesistates; what's next?

The crypto market is watching two key updates from Trump’s transition team: the treasury secretary pick and the creation of a national

“Sources close to BlackRock tell FoxBusiness the big money manager is not endorsing a strategic $BTC reserve despite recent reports that it is.” “Ultimately, so many dollars would be printed to buy Bitcoin that the U.S. would experience hyperinflation, rendering the dollar completely worthless. Once the dollar is worthless, the U.S. could no longer keep buying Bitcoin.”

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Crypto bull market in full swing as Bitcoin surpasses $73k, analyst predicts $150k top in 2025The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
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