As per Coindesk, BlackRock, the world's largest asset manager, released a report forecasting that rising U.S. federal debt will drive institutional adoption of crypto assets. The report suggests that as government borrowing increases, traditional financial hedges will weaken, prompting institutions to turn to digital assets like Bitcoin as a hedge. BlackRock's $100 billion in Bitcoin ETF allocations is seen as a sign of growing institutional interest, with some analysts predicting Bitcoin could reach over $200,000 by next year. The report also highlights the role of stablecoins in bridging traditional finance and digital liquidity, and notes that AI-driven demand for computing power is benefiting Bitcoin miners through energy deals and data center leasing.
BlackRock Report Predicts U.S. Debt Growth Will Boost Crypto Adoption in 2026
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