Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Business

Larry Fink Says the Bitcoin Bottom Is In, While His Own Fund Just Bled $3 Billion.

(Credit: Reuters)

When the CEO of a $15.3 trillion asset manager goes on television and says he's "very bullish," markets stop scrolling.

On July 15, BlackRock's Larry Fink told CNBC that the brutal crypto selloff, which knocked Bitcoin from a $126,000 October 2025 record to the low $60,000s, was a leverage problem, not a fundamental one, and that the worst is now behind it.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.