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Bitcoin May Thrive in Recession, Says BlackRock’s Digital Asset Head

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BlackRock Bitcoin mining

Bitcoin is once again being tested as a potential safe-haven asset, especially with growing recessionary fears in the U.S. At the time of writing, BTC trades around $85,387, up 2.3% in the last 24 hours, despite inflows dropping by 54% from 58.6K BTC/day to 26.9K BTC/day. Amid this mixed sentiment, BlackRock’s Head of Digital Assets …

The post Bitcoin May Thrive in Recession, Says BlackRock’s Digital Asset Head appeared first on Cryptoknowmics-Crypto News and Media Platform.

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