BlackRock CEO: Economic recession may have begun, but the release of new liquidity may become a catalyst for cryptocurrencies

Planet Daily News: BlackRock CEO Larry Fink warned about a potential economic recession during a CNBC interview, suggesting that the recession may have already begun. Larry Fink pointed out that rising economic pressures and protectionist trade policies are key driving factors behind the economic slowdown. While economic recession fears typically disrupt traditional markets, cryptocurrency investors might have reason to be optimistic. The upcoming economic slowdown could prompt the Federal Reserve to reverse its monetary tightening policy, potentially releasing a new wave of liquidity. According to analysts, this situation could serve as a major catalyst for digital assets like Bitcoin. Larry Fink's comments align with similar predictions from major Wall Street institutions such as JPMorgan, Deutsche Bank, and Goldman Sachs. On decentralized prediction markets like Kalshi and PolyMarket, traders are increasingly betting on an imminent US economic recession. (Cryptodnes)