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.

The strength of the US economy is making BlackRock Inc. Chief Executive Officer Larry Fink wonder if the Federal Reserve may have to resort to increasing interest rates later after easing in the short term.

BlackRock CEO Larry Fink says the strength of the US economy may lead the Federal Reserve to hike interest rates later, after easing in the short term. "I see probabilities" of an increase at some point beyond the next 12 months or so,