Despite Market Meltdown, R. Rieder Of BlackRock Admits Bitcoin Is A Durable Asset
![](data:image/svg+xml;utf-8,<svg xmlns="http://www.w3.org/2000/svg" width="810" height="450" />)
Investors should focus on the long-term potential, rather than the current crypto market crisis, according to Rick Rieder, Chief Investment Officer of investment management firm BlackRock. He continues to believe that Bitcoin and cryptocurrency are long-term investments with a bright financial future. Before a bull run, Rieder believes Bitcoin will likely overshoot and see another market correction.
5 comments