Bitcoin fall doesn’t shake its durable techonology

There is no cause for alarm regarding Bitcoin according to Rick Rieder, CIO of BlackRock, which is considered the largest asset manager in the world.

He was invited to share his view about the cryptomaket fall (60% in 2022). He said that there was no need to worry since it has a durable technology, as he recently told Yahoo Finance.

This market adjustment is seen as natural by the CIO of the Black Rock group, due to some excesses that were being built around Bitcoin. Rieder even compares this context to the internet bubble.

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