Bitcoin and Crypto Are Durable Assets — Prices Will Move Higher – Markets and Prices Bitcoin News - BitcoinEthereumNews.com
Bitcoin CryptoBitcoin und Krypto sind langlebige Vermögenswerte – die Preise werden steigen – Märkte und Preise Bitcoin News06/18/2022Bitcoin Ethereum Nachrichten The chief investment officer of global fixed income at Blackrock, the world‘s largest asset manager, says bitcoin and crypto are durable assets. “I think there’s a healthy recalibration going on,” he said, noting that “if you look two to three years hence, they will be higher than today.” Blackrocks Executive on Bitcoin and Crypto Rick Rieder, chief investment officer (CIO) of global fixed income at Blackrock, shared his view on bitcoin and cryptocurrency in an interview with Yahoo Finance Live on Thursday. Blackrock is the worlds largest asset manager with about $10 trillion in assets under management (AUM). Rieder was asked how the crypto market is going to react as the Federal Reserve begins tightening aggressively. The Fed gewandert its benchmark rate by 75 basis points this week — the largest increase since 1994. The CIO explained: “I think people underestimate. When you leave rates at such low levels for such an extensive period of time … when you keep policy too easy, the leverage builds in the system slash ‘how do I capture return quickly’ — and you are seeing a lot of the