Matrixport Sees BTC Price at $42K-$56K BlackRock ETF Gets Approved

BlackRock (BLK) CEO Larry Fink Talks Up Bitcoin (BTC) Demand From Gold Investors

“If Tether’s market cap increases by $24 billion, acting as a proxy for potential ETF inflows, Bitcoin’s price would rise to $42,000, representing a conservative estimate. With a larger influx of $50 billion (1% allocation from RIAs), Bitcoin could potentially rally to $56,000,” Matrixport said.

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