BlackRock CEO: Economic slowdown may become a major catalyst for digital assets like Bitcoin

ChainCatcher news, BlackRock CEO Larry Fink has warned of a potential economic recession in the U.S., stating that the recession may have already begun. In an interview with CNBC, Fink pointed out that the escalating economic pressures and protectionist trade policies—especially the tariffs from former President Trump's era—are key driving factors behind what he believes is a slow economic contraction. While concerns about a recession typically unsettle traditional markets, cryptocurrency investors may have reason to cheer. The impending economic slowdown could prompt the Federal Reserve to alter its monetary tightening path, potentially triggering a new wave of liquidity. According to analysts, this scenario could become 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 weak dollar could boost Bitcoin in the short term and may open the door for BTC to gain traction as an alternative global reserve asset in the long run.