BlackRock CEO Issues Serious Warning Amid $1 Trillion Bitcoin And Crypto Price Sell-Off

Bitcoin and crypto prices have moved sharply lower, following stock markets, as fears swirl the bitcoin price could be teetering on the verge of a major crash.
The bitcoin price has dropped under $80,000 per bitcoin, dragging down the wider crypto market that’s now erased $1 trillion of value in just a month (even as bullish traders bet on a U.S. president Donald Trump “game-changer”).
Now, as Elon Musk issues a surprise crypto price warning, the chief executive of the world’s largest asset manager BlackRock has warned Trump’s trade policies will stoke inflation—pouring cold water on hopes the Federal Reserve will cut interest rates through 2025.
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ForbesElon Musk Issues ‘Foolish’ Crypto Price Warning As Memecoin Crash Threatens BitcoinBy Billy Bambrough