BlackRock CEO Larry Fink, as head of the world's largest hedge fund, praised the Bitcoin network and cited huge interest in the cryptocurrency and a drive for quality as drivers of the recent rally. 📈 Confidence in SEC's Bitcoin ETF approval is increasing, strengthening Bitcoin's quality and mainstream adoption. This week, Glassnode on-chain data shows that cryptocurrency markets are dumping their stablecoins into Bitcoin. 🔥 Additionally, the trial of Sam Bankman-Fried reinforces the narrative that decentralized cryptocurrencies are more trustworthy and higher quality in the blockchain space. Analysts point out that due to market chaos and inflation concerns, investors are turning to Bitcoin as a safe haven.