Mars Finance News, BlackRock CEO Larry Fink warned about a potential economic recession in the United States, suggesting that the recession may have already begun. In an interview with CNBC, Fink pointed out that escalating economic pressures and protectionist trade policies—especially tariffs during the Trump administration—are key driving factors behind the economic slowdown. While fears of a recession typically unsettle traditional markets, cryptocurrency investors may have reason to cheer. An imminent economic slowdown could prompt the Federal Reserve to alter its monetary tightening course, potentially triggering a new wave of liquidity. According to analysts, this could serve as a major catalyst for digital assets like Bitcoin. Fink's comments follow similar predictions from major Wall Street institutions, including JPMorgan, Deutsche Bank, and Goldman Sachs. Bitwise Chief Investment Officer Matt Hougan believes that a weakening dollar could boost Bitcoin in the short term and potentially open the door for BTC to gain traction as an alternative global reserve asset in the long term.
BlackRock CEO: Economic slowdown could be a major catalyst for digital assets like Bitcoin
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