Bitcoin

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<ul class="news-points"> 
 <li>Blockrock’s proposed Bitcoin exposure is crucial to the future growth of cryptocurrency.</li> 
 <li>According to BlackRock’s analysts, an optimal risk portfolio includes 84% of Bitcoin.</li> 
 <li>Joe Burnett believes BlackRock’s analysis could become a game changer for Bitcoin.</li> 
</ul> 
Michael van de Poppe, a renowned Bitcoin trader, believes that Blockrock’s proposed Bitcoin exposure is crucial to the future growth of <a href="https://coinedition.com/what-is-cryptocurrency-a-complete-beginners-guide/" target="_blank" rel="noopener noreferrer nofollow">cryptocurrency</a>. The trader referenced a report where analysts from BlackRock, an American multinational investment company based in New York, stated that an optimal risk portfolio includes 84% of Bitcoin. 
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 Analysts at Blackrock state that an optimal risk portfolio includes 84% of <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Bitcoin</a>. Yet, you think we'll go to $12K. I'll just buy more. <a href="https://t.co/3oHRSwppiR" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/3oHRSwppiR</a>— Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1684141515520765952?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 26, 2023</a> 
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In a recent tweet, Van de Poppe questioned the opinion of those who think the flagship cryptocurrency’s price will drop to $12,000. He asserted if that becomes the case, he will buy more Bitcoins. 
Similarly, Joe Burnett of Blockware, a Bitcoin solutions company, believes BlackRock’s analysis could become a game changer for Bitcoin. According t… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/how-far-can-blackrocks-84-bitcoin-bet-push-the-price-of-btc/">How Far Can BlackRock’s 84% Bitcoin Bet Push the Price of BTC?</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

How Far Can BlackRock’s 84% Bitcoin Bet Push the Price of BTC?

Coin Edition

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