
Fink Warns: Market Could Plummet Another 20%
Date: 2025-04-07 17:44:14 | By Mabel Fairchild
BlackRock CEO Larry Fink Warns: Market Could Plummet Another 20%!
Stocks and Crypto in Freefall for Over a Month
Hang onto your hats, folks! BlackRock's big boss, Larry Fink, just dropped a bombshell: he's bracing for another 20% nosedive in the market. Talk about a gut punch!
Bitcoin Dips Below $80k Amidst Chaos
It's been a wild ride, with stocks tanking for over 30 days straight. And crypto? It's not faring any better. Bitcoin's been on a rollercoaster, dipping below $80k and hitting lows we haven't seen since early November 2024. Buckle up, it's getting bumpy!
Fink Sees a Silver Lining: "It's a Buying Opportunity!"
But hold on, Fink's not all doom and gloom. In a fiery interview on Bloomberg TV, he's calling this dip a golden chance to buy. "I see it more as a buying opportunity than a selling opportunity, but that doesn't mean we can't go down further...I would not be taking money off the table right now. It's a great entry level," he declared. You heard it here first, folks!
Macro Trends Remain Strong, Crypto Set to Rally
According to Fink, the big picture hasn't changed. Tech innovation, AI, and other U.S. sectors are still hot. And get this: he thinks crypto's ready to bounce back big time after this massive dump. Keep your eyes peeled!
Fake News Sends Markets on a Wild Ride
Earlier today, stocks and Bitcoin went on a wild ride, with BTC briefly soaring above $81k. Why? Fake news about a 90-day tariff pause from the White House sent the S&P 500 and cryptos skyrocketing. But guess what? It was all a hoax, and the markets crashed back down just as fast. Talk about a rollercoaster!
Fink on Rate Hikes and Recession Fears
Fink's not done yet. He's warning that the Fed might still be thinking about raising rates amidst this chaos. And get this: most CEOs he's talked to think we're already in a recession. Yikes!
Bitcoin Hovers Around $78k Amidst Volatility
As we speak, Bitcoin's trading around $78k, but the vibes are still pretty negative after all this wild volatility. Stay tuned, folks, because this ride's far from over!

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