BlackRock CEO Larry Fink Remains Extremely Bullish on Bitcoin, Sees BTC Price Hitting $500k – $700k in the Coming Years

BlackRock CEO Larry Fink remains extremely bullish on Bitcoin and has revealed a strong institutional demand for the top crypto asset.

BlackRock CEO Larry Fink has revealed a strong institutional demand for Bitcoin, with state-owned Sovereign Wealth Funds considering allocating up to 5% of their portfolio to BTC.

In a recent Bloomberg interview, Fink claims institutions are considering allocating anywhere between 2% to 5% of their portfolio to Bitcoin, owing to fears of currency debasement and socio-political uncertainty.

As a result, the BlackRock CEO sees the Bitcoin price potentially hitting $500k – $700k in the coming years.

However, BlackRock’s $700,000 Bitcoin price prediction is unlikely to happen in 2025. But several bullish narratives and technical indicators still suggest the top crypto asset has immense upside potential.

Indeed, BTC still has several bullish narratives that aren’t priced in yet. President Trump signed an executive order to develop a national strategic crypto stockpile, aiming to make the United States the crypto capital of the world.

Moreover, the President has also demanded the US Federal Reserve to reduce its benchmark interest rates, which would bode well for risk assets like Bitcoin.

Meanwhile, Wyoming Senator Cynthia Lummis became the Chair of the Senate Banking Subcommittee on Digital Assets. As expected, she plans to create a Strategic Bitcoin Reserve and use it to strengthen the US Dollar.

Even more importantly, the global M2 money supply appears to have started a bullish reversal. For the uninitiated, the Bitcoin price follows the M2 money supply to a tee and the bullish inversion could now pave the way for BTC to start its next bull run.

Alpha Extract’s Liquidity Oscillator is also showing a rapid increase in the positive Rate of Change (RoC), signalling the strong possibility of a major bull run.

It is, therefore, likely the Bitcoin price will hit $150,000 in 2025.

Best Crypto To Buy Now Besides BTC

Bitcoin isn’t the only crypto asset with high upside potential in 2025.

Crypto analysts reveal Ethereum is forming an inverse head-and-shoulder pattern in the weekly timeframe, which could pave the way for a new all-time high. After all, ETH will likely be a part of Trump’s national crypto stockpile, considering his company World Liberty Financial is on an Ethereum buying spree.

Prominent analyst Ted Pillows believes the Ethereum price could hit $5k in 2025.

This is also bullish for ETH meme coins like Pepe, Brett and Floki.

A new Ethereum meme coin Wall Street Pepe (WEPE) is also in high demand and has raised over $58 million in its presale.

With the meme coin ending its presale in just 23 days, the FOMO has reached a surprising level and is now adding nearly $1 million to its total daily.

WEPE’s VIP trading group — the WEPE Army — is one of its key selling points, considering it will include all token holders and offer cutting-edge market alpha, setups and even tips regarding the best crypto to buy now.

Besides, the meme coin’s Pepe The Frog theme and lucrative staking platform have also boosted its popularity.

Unsurprisingly, experts are bullish on Wall Street Pepe’s high upside potential, with many calling it the next 100x meme coin.