BlackRock and JPMorgan Crypto Bull Run Could Push Bitcoin Price to $200,000

By akohad Oct22,2023

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Forbes recently reported BlackRock’s groundbreaking move as the first Wall Street giant to leverage JPMorgan’s new blockchain collateral system. Not only that, but BlackRock also expressed its interest in offering a spot bitcoin exchange-traded fund (ETF), amplifying the industry’s anticipation.

Further adding to the excitement, JPMorgan’s optimistic outlook on the future of bitcoin mining reinforces the notion that institutions like BlackRock and JPMorgan will significantly impact the upcoming crypto cycle.

Industry experts such as George Tung of TheStreetCrypto suggest that institutional players like BlackRock, Fidelity, Vanguard, and Grayscale, among others, could potentially inject trillions of dollars into the crypto space, setting…

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By akohad

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