BlackRock CEO Warns of Recession Impact on Crypto Market

Larry Fink, CEO of BlackRock, has expressed concerns about the potential for a recession in the United States to influence global markets. He highlights the impact of protectionist trade policies, particularly tariffs imposed by the Trump administration, as contributing factors to economic pressures and inflation. His comments coincide with speculation that Bitcoin may attract investor interest due to shifts in Federal Reserve policy. Fink believes these potential changes might see increased liquidity flows into digital assets like Bitcoin. This increased liquidity could benefit cryptocurrencies.