Crypto Trends

BlackRock CEO Larry Fink Warns Of U.S. Recession, What’s Next For Bitcoin & Crypto Market?

BlackRock CEO Larry Fink has warned of a potential US recession, which he stated might already be happening. If so, this could be bullish for the crypto market, as the US Federal Reserve moves to inject more liquidity to stimulate the economy.

BlackRock CEO Larry Fink Warns Of A US Recession

In a CNBC interview, BlackRock CEO Larry Fink stated that he believes a US recession is already starting or that the economy might already be in one. This is the second time the BlackRock CEO has sounded this warning this week.

Fink suggested that factors such as Donald Trump’s tariffs could lead to this recession and a period of slow economic growth for the US. If so, this development could be a positive for the Bitcoin price and the broader crypto market, as the US Federal Reserve will have to step in.

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Boluwatife Adeyemi

Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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