What impact do BlackRock and Vanguard owners have on the cryptocurrency market?

1 answers

• Nov 29, 2021 · 3 years ago
  As an expert in the cryptocurrency industry, I can say that the involvement of BlackRock and Vanguard owners in the market has a considerable impact. These companies have a massive amount of assets under management, and any decision they make regarding cryptocurrencies can have ripple effects throughout the market. Their entry into the market can attract more institutional investors, increase market liquidity, and potentially drive up prices. However, their influence also comes with risks. Their large holdings can create market manipulation opportunities, and their decisions can lead to increased volatility. It's crucial for investors to be aware of the impact these owners can have on the market and to make informed decisions based on thorough research and analysis.
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