Published Jul 16, 2026, 6:54 AM ET · Updated 4 months ago · 1 source

NEW: BlackRock CEO Larry Fink says a crypto leverage washout has helped stabilize bitcoin bitcoin:native and the broader market. "There was too much leverage... that's why we had to wash out, and I think there's more stability at these levels," he told CNBC.

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NEW: BlackRock CEO Larry Fink says a crypto leverage washout has helped stabilize bitcoin bitcoin:native and the broader market. "There was too much leverage... that's why we had to wash out, and I think there's more stability at these levels," he told CNBC.