(2330 INCREASE) BITCOIN OUT OF CONTROL? $52,640.35 Litecoin Crypto Dogecoin

(2330 INCREASE) OUT OF CONTROL? $52,640.35 Bitcoin! Crypto Dogecoin

BITCOIN OVER $52,000! Crypto Bitcoin Cryptocurrency Tesla Dogecoin Bitcoin Investment

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BITCOIN OVER $52,000! Crypto Bitcoin Cryptocurrency Tesla Dogecoin Bitcoin Investment

BlackRock, the largest asset manager in the world, made the announcement recently that they will be entering the crypto space and investing in bitcoin.

Rick Rieder, BlackRock’s chief investment officer of global fixed income, explained that they have “started to dabble” in bitcoin, stating: “Today the volatility of it is extraordinary, but listen, people are looking for storehouses of value.”

He continued: “People are looking for places that could appreciate under the assumption that inflation moves higher and that debts are building, so we’ve started to dabble a bit into it.”

With major institutions such as BNY Mellon and Mastercard recently entering the world of crypto, this could be a sign that bitcoin and other cryptos aren’t going away any time soon.

Meanwhile, bitcoin may be the hottest crypto currently on the blockchain, but 3 other popular cryptocurrencies have actually seen a more meteoric rise than bitcoin.

Over the past three months, Bitcoin has nearly tripled (197%) in value, but has not seen the type of increase that these 3 cryptocurrencies have had.


Stellar has seen a 588% return over the past 3 months, boosted by ties to the Ukrainian government.

Cardano has experienced a 766% rise over the three trailing months, due in large part to Shelley, which “is designed to increase the number of nodes that network participants run.”

Third, and most importantly, we’ve talked about it here before, but dogecoin has seen a 2,330% increase over the past 3 months! Talk about a hot dog.

Finally, the price of bitcoin eclipsed $50,000 for the first time this week, and currently sits at around $52,400 as of publishing this video.

Michael Saylor, CEO of enterprise software firm MicroStrategy, explained: “I think bitcoin is a much more stable asset class today than it was three years ago. It used to be dominated by leveraged retail traders … on international markets with a lot of leverage.”

He also stated: “There’re enthusiasts for bitcoin as a medium of exchange, … but I personally believe that the compelling use case is a store of value.”

With no end in sight for bitcoin and other cryptos, it will be fascinating to see just how high bitcoin can climb, and how it could drastically take over our society.

Source: https://www.cnbc.com/2021/02/17/blackrock-has-started-to-dabble-in-bitcoin-says-rick-rieder.html

https://www.fool.com/investing/2021/02/17/3-cryptocurrencies-crushed-bitcoin-over-3-months/

https://www.cnbc.com/2021/02/16/bitcoin-btc-price-hits-50000-for-the-first-time.htm




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