BlackRock’s top 2 crypto picks: Are they living up to the hype?
Just over two months after BlackRock, a major asset manager heavily invested in cryptocurrencies, suggested that Bitcoin (BTC) and Ethereum (ETH) were the only two digital assets worth buying, here’s how they have fared in terms of price since its team’s public recommendation. Indeed, at the Bitcoin 2024 conference on July 26, BlackRock’s Head of Digital Assets Robert Mitchnick revealed that his company saw “very little interest” in digital assets among its clients other than the two largest cryptocurrencies by market capitalization, as Finbold reported at the time. #1 Bitcoin (BTC) As it happens, since the endorsement by BlackRock, Bitcoin has declined 5.66% (down from $65,771.81) and is at the moment changing hands at the price of $62,050, with the recent increase in dormant whale transactions signaling positive sentiment for the asset’s future price performance. Picks for you ...