BlackRock CEO: Economic recession may have already begun, but releasing new liquidity could become a catalyst for Crypto Assets.
Larry Fink, the CEO of BlackRock, has warned of a potential economic recession in the United States, pointing out that protectionist trade policies and rising economic pressures will be major driving factors. While this may disrupt traditional markets, it could be good news for Crypto Assets investors. An economic slowdown could lead to The Federal Reserve (FED) adjusting its policies, releasing new Liquidity, and becoming a catalyst for digital assets. His remarks align with predictions from other institutions on Wall Street, and there is an increasing number of traders in the industry predicting a recession in the U.S. economy.