BlackRock CEO Larry Fink believes the Bitcoin (BTC) and crypto market is in a strong position following the unwinding of excessive leverage. The CEO of the world’s largest asset manager also expressed optimism about traditional financial markets, expecting technological transformation to provide tailwinds over the next twelve months. During an interview with CNBC’s “Squawk on the Street” on July 15, Fink was asked about the potential risks posed by leveraged speculation in the Bitcoin and crypto markets. While he considers leverage in the current financial system to be significantly lower than it was before the ... (full story)