There is too much pessimism around Europe and it could be time to investing back in the region, BlackRock CEO Larry Fink said at the World Economic Forum in Davos on Friday.

BlackRock CEO Larry Fink offered a bold prediction of Bitcoin reaching a remarkable $700,000. Fink points to small allocations by asset managers, alongside Bitcoin’s potential to counter fiat currency debasement,

At the World Economic Forum, BlackRock CEO Larry Fink suggested renewed investment in Europe, emphasizing reduced pessimism and potential growth. Despite global economic challenges, Fink, IMF's Kristalina Georgieva,

BlackRock Inc. Chief Executive Officer Larry Fink said investors are too quick to conclude that high inflation is over, raising the prospect that bond yields will rise along with steeper prices.

Larry Fink was also a member of the management committee and a managing director of The First Boston Corporation.

CEO Larry Fink is cautiously optimistic on the markets. He's optimistic on growth prospects, but warned Thursday that new inflationary pressures could negatively impact stocks.

The CEO of Bitcoin ETF giant BlackRock said that continued adoption of BTC could push the asset's price to a multiple of the current mark.

The CEO of the largest asset manager in the world says that Bitcoin (BTC) could see drastically higher prices if sovereign wealth funds begin accumulating.