2026-10-15 14:44:46
BlackRock CEO Fink Warns Bitcoin Crash Fueled by Leverage; IBIT Down to $90K After Hitting $125K
On December 3, 2025, BlackRock CEO Larry Fink described Bitcoin as an "asset of fear" at the New York Times DealBook Summit, highlighting how leverage amplifies its price swings. He noted that leveraged positions unwinding can trigger forced sales that push prices lower still.
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