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.

The post BlackRock CEO Larry Fink Warns Of U.S. Recession, What’s Next For Bitcoin & Crypto Market? appeared first on CoinGape.