@irmamaltz
BlackRock CEO Larry Fink, in a CBS "60 Minutes" interview on Oct 12, 2025, equated Bitcoin's role to gold's as a store of value and hedge against fiat debasement, retracting his 2017 "money laundering" skepticism.
finance.yahoo.com +1
This endorsement from the $12.5T AUM giant boosts market confidence by legitimizing BTC as a mainstream asset, driving ETF inflows ($18B+ YTD for IBIT) and retail adoption (50% of demand from new investors), potentially stabilizing volatility and attracting conservative capital amid debt fears.
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