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Bitcoin Market Cap to Reach $50 Trillion: Blackrock CEO

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Bitcoin capitalization might explode in unexpected way

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Despite Fink's optimistic assessment, it is crucial to keep in mind that BlackRock has a stake in the expansion of Bitcoin. Due to BlackRock's substantial Bitcoin holdings, demand may be further stimulated by its ETF. In any event, the CEO's remarks have fueled the flames, leading many to question whether Bitcoin can actually match the $50 trillion of the U.S. housing market going forward.

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