logo

Bridgewater CEO: Investors Flock to Cryptocurrency and Gold Due to Asset Devaluation Concerns

By: theblockbeats.news|2025/10/28 13:15:55

BlockBeats News, October 28th, according to Cointelegraph, BlackRock CEO Larry Fink stated that investors are turning to gold and cryptocurrency as they fear their assets may depreciate amid increasing global financial instability concerns.


Speaking at the Future Investment Initiative (FII) conference in Saudi Arabia, Fink said: "Owning crypto assets or gold is a defensive play." He added, "You own these assets because you are concerned about depreciation of your assets."

SharpLink is planning to deploy $200 million worth of ETH on the Linea network
Pendle: September Trading Volume and October Protocol Revenue Hit All-Time Highs

You may also like

Share
copy

Gainers

Latest Crypto News

08:15

A trader closed a $18.8 million USD ETH short position at a profit of $909,000 USD

07:45

A whale bought 65.65 WBTC the day before liquidation and suffered a loss of $316,000.

07:15

Ripple Labs Granted Expansion of Payment Business Operations in Singapore

06:45

Arthur Hayes: If Tether holds illiquid assets, any mishap could trigger questions about overcollateralization

06:45

The current mainstream CEX and DEX funding rate indicates a weakening bearish market sentiment.

Read more
Community
icon
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MM[email protected]

VIP Services[email protected]