BlackRock CEO: Investors flock to cryptocurrencies and gold due to concerns over asset depreciation
ChainCatcher news, according to Cointelegraph, BlackRock CEO Larry Fink stated that investors are turning to gold and cryptocurrencies due to concerns that their assets may depreciate amid increasing attention to global financial stability.
Fink said at the Future Investment Initiative (FII) conference in Saudi Arabia, "Holding crypto assets or gold is a fear-based asset." He added, "You hold these assets because you are afraid of asset depreciation."
Risk warning
Related tags
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
Related tags
