The head of the digital assets department at the investment company BlackRock, Robert Mitchnik, stated that a potential recession in the US could act as a catalyst for the rise of Bitcoin due to liquidity injections and fiscal measures.
Robert Mitchnick (Robert Mitchnick) emphasized that the supply shortage, decentralization, and relative independence of Bitcoin will allow it to become a long-term hedging tool against risks during economic upheavals.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The head of the digital assets department at the investment company BlackRock, Robert Mitchnik, stated that a potential recession in the US could act as a catalyst for the rise of Bitcoin due to liquidity injections and fiscal measures.
Robert Mitchnick (Robert Mitchnick) emphasized that the supply shortage, decentralization, and relative independence of Bitcoin will allow it to become a long-term hedging tool against risks during economic upheavals.