Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Larry Fink, the head of $11.5 trillion asset management behemoth BlackRock, has recommended that investors buy a "big dip" if there is one in 2025.
Fink has predicted that this year will be turbulent for the markets due to the tensions related to tariffs.
However, he remains optimistic in the long term, predicting "a big economic boom" driven by such cutting-edge tech as artificial intelligence (AI).
Gamza KhanzadaevHe believes that the US stock market will pushed higher by the country's tech advantage over the next several years.
Earlier today, the S&P500 plunged sharply lower amid trade tensions and concerns about the health of the US economy. The price of Bitcoin, which tends to be correlated with other risk assets, also plunged to an intraday low of $81,688.
However, Bitcoin has since pared some of the losses in tandem with U.S. stocks.
Dan Burgin
Vladislav Sopov