{"id":18054,"date":"2025-03-19T12:03:26","date_gmt":"2025-03-19T12:03:26","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=18054"},"modified":"2025-03-19T12:03:26","modified_gmt":"2025-03-19T12:03:26","slug":"recession-would-be-a-big-catalyst-for-bitcoin-blackrocks-head-of-digital-assets-says","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=18054","title":{"rendered":"Recession Would Be &#8216;A Big Catalyst For Bitcoin,&#8217; BlackRock&#8217;s Head Of Digital Assets Says"},"content":{"rendered":"<div>\n<p><strong>Robbie Mitchnick<\/strong>, Global Head of Digital Assets at <strong>BlackRock <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/BLK#NASDAQ\">BLK<\/a>), said a potential U.S. recession could act as a powerful driver for <strong>Bitcoin<\/strong>&#8216;s (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) <a href=\"https:\/\/www.benzinga.com\/25\/03\/44320586\/bitcoin-sees-potential-bullish-breakout-toward-91000\">next bull cycle<\/a>, citing liquidity injections and fiscal responses as key catalysts.<\/p>\n<p><strong>What Happened: <\/strong><a href=\"https:\/\/x.com\/DegenerateNews\/status\/1902292905898770757\">Speaking <\/a>with Yahoo Finance on Wednesday, Mitchnick explained that while Bitcoin has historically been perceived as &#8220;digital gold,&#8221; recent price action has fallen short of this reputation.<\/p>\n<p>Despite some optimism following policy shifts in Washington, Bitcoin&#8217;s performance has been subdued, currently hovering near $83,550 after giving back its late-2024 rally gains.<\/p>\n<p>&#8220;The crypto market may have gotten ahead of itself with expectations about how fast deregulation and other catalysts would arrive,&#8221; Mitchnick said. <\/p>\n<p>He noted that while Bitcoin rose sharply into the end of 2024, the early part of 2025 has &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/03\/44395095\/recession-would-be-a-big-catalyst-for-bitcoin-blackrocks-head-of-digital-assets-says\" alt=\"Recession\" would be big catalyst for bitcoin blackrock head of digital assets says>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Robbie Mitchnick, Global Head of Digital Assets at BlackRock (NASDAQ:BLK), said a potential U.S. recession could act as a powerful driver for Bitcoin&#8216;s (CRYPTO: BTC) next bull cycle, citing liquidity injections and fiscal responses as key catalysts. What Happened: Speaking with Yahoo Finance on Wednesday, Mitchnick explained that while Bitcoin has historically been perceived as [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-18054","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/18054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18054"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/18054\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}