US recession would be a big catalyst for Bitcoin: BlackRock
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BlackRock's head of digital assets, Robbie Mitchnick, suggests that Bitcoin could benefit from a recession, serving as a catalyst for its growth. This view contrasts with some analysts' opinions.
March 20, 2025 | 5:15 am
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BlackRock's Robbie Mitchnick suggests that a recession could serve as a catalyst for Bitcoin's growth, potentially increasing its value.
Mitchnick's statement implies that Bitcoin may act as a safe haven or alternative asset during economic downturns, potentially driving demand and price up.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80