Articles for tag: Bitcoin, BlackRock, Digital Assets, economic stability, Investment Strategy, recession impact, Robbie Mitchnick

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BlackRock’s Digital Assets Leader: Recession Could Boost Bitcoin Adoption Significantly

Robbie Mitchnick, BlackRock’s Global Head of Digital Assets, believes a potential U.S. recession could significantly boost Bitcoin’s growth. He suggests that factors like increased government spending and lower interest rates typical during recessions would enhance Bitcoin’s appeal as a long-term investment. While Bitcoin has struggled recently, trading at around $83,550 and not matching gold’s rally, ...

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