BlackRock CEO Larry Fink Expects Bitcoin to Hit $500K in 5–10 Years
The post BlackRock CEO Larry Fink Expects Bitcoin to Hit $500K in 5–10 Years appeared on BitcoinEthereumNews.com.
Bitcoin’s bullish momentum continues. On May 8, BTC surged 6.41% in a single day, once again climbing above the crucial $100K mark. In the last seven days, Bitcoin has risen by 6.9%, and in the past 24 hours alone, it gained at least 0.3%. The recent rally has sparked renewed excitement in the crypto space, especially after a bold prediction from BlackRock CEO Larry Fink, who believes Bitcoin could trade well above $500,000 within the next 5 to 10 years. Larry Fink’s Bitcoin Price Prediction 🚨 BREAKING 🚨 Blackrock CEO Larry Fink says: “we will be seeing #bitcoin well above $500k in the next 5 to 10 years, this is a $10+ trillion dollar asset” pic.twitter.com/P4hIBqoxkq — Crypto Beast (@cryptobeastreal) May 9, 2025 BlackRock’s CEO Larry Fink predicts Bitcoin could surpass $500K within 5–10 years. He also labeled Bitcoin a potential $10 trillion asset, reinforcing growing institutional faith in crypto. The momentum is backed by ETF activity. The U.S. market now hosts eleven Bitcoin Spot ETFs, with a combined AUM of $118.59B. Their total market cap stands at $120.76B, with a daily volume of $2.66B. BlackRock’s iShares Bitcoin Trust (IBIT) leads the market with an AUM of $62.65B. In the first few days of this month alone, 21,303.28 BTC flowed into IBIT. Larry Fink’s bold outlook highlights BlackRock’s belief in Bitcoin’s expanding role in the global financial system. Bitcoin Price Analysis On November 5, 2024, Bitcoin traded at $69,374.85. Between then and December 17, BTC grew by 56.23%. From December 18 to February 23, 2025, it mostly ranged between $106,132.47 and $92,455.22. On February 24, it dropped by 4.92% in a single day, falling below that range. Later, on April 7, BTC hit a low of $74,532.07. However, by April 9, strong buying pressure emerged. Since then, the price has…
