Bitcoin to $700K? Larry Fink’s Bold Prediction and Inflation Worries

January 25, 2025

You might be intrigued to learn that BlackRock CEO Larry Fink has suggested Bitcoin could reach $700,000 if the global worries about currency debasement and economic instability continue. When Fink spoke at the World Economic Forum in Davos, he pointed out how small investments—around 2% to 5%—from major players like sovereign wealth funds could dramatically boost Bitcoin’s value.

While you shouldn’t take his remarks as an outright endorsement, it’s clear Fink sees Bitcoin as a response to inflation and political uncertainty. Even though Bitcoin’s price dipped from $109,000 to around $103,780, there’s no shortage of investor enthusiasm. BlackRock itself holds more than half a million BTC, worth roughly $58.51 billion, and recently made a $600 million purchase.

Inflation fears might also resonate with you, especially if you’ve seen official reports setting the CPI at 3.2% for 2024. Many argue that the real rate is higher, which is one reason Bitcoin is gaining traction as a hedge. Fink warns that inflation may not have peaked, citing M2 money supply data as evidence of continued pressure.

You might watch technical signals like the Relative Strength Index or MACD, which suggest Bitcoin’s price momentum remains strong—though a short-term drop to $100,000 is still possible. Some in the crypto space, such as Tom Lee, predict Bitcoin could jump to $250,000 by year’s end, and Fink’s own figures point to an eventual $700,000. If you’re also keeping an eye on the political scene, you might be encouraged by the pro-crypto stance of President Donald Trump’s administration, even though specific policies haven’t been outlined yet.

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