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 <h4 class="css-146c3p1 r-bcqeeo r-1ttztb7 r-qvutc0 r-37j5jr r-a023e6 r-16dba41 r-1adg3ll r-1b5gpbm r-a8ghvy" dir="ltr"><strong><span class="css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3"><span class="css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3 r-a8ghvy">This happened during an appearance on Yahoo Finance’s </span><span class="css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3 r-a8ghvy r-36ujnk"><span class="css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3 r-a8ghvy">Market Domination Overtime</span></span><span class="css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3 r-a8ghvy">.</span></span></strong></h4>
 <div class="css-146c3p1 r-bcqeeo r-1ttztb7 r-qvutc0 r-37j5jr r-a023e6 r-16dba41 r-1adg3ll r-1b5gpbm r-a8ghvy" dir="ltr"><span class="css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3"><span class="css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3 r-a8ghvy"> Mitchnick suggested that a recession could be the next “big catalyst” for Bitcoin, sending ripples through the crypto community and Wall Street alike. </span></span>
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 <h5 dir="ltr"><strong>Bitcoin’s Volatility: Can It Thrive During Economic Downturns?</strong></h5>
 <div class="css-146c3p1 r-bcqeeo r-1ttztb7 r-qvutc0 r-37j5jr r-a023e6 r-16dba41 r-1adg3ll r-1b5gpbm r-a8ghvy" dir="ltr"><span class="css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3"><span class="css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3 r-a8ghvy">With Bitcoin hovering around $82,110.36—down 2.96% in the past 24 hours and 14.96% over the month. This makes investors sit up and take notice. </span></span>It spans late February to mid-March 2025, and paints a volatile picture: <a href="https://www.coingecko.com/en/coins/bitcoin" target="_blank" rel="noopener noreferrer nofollow">Bitcoin’s price</a> dipped below $90,000, fluctuated wildly, and now teeters near $80,000.
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 <div class="css-146c3p1 r-bcqeeo r-1ttztb7 r-qvutc0 r-37j5jr r-a023e6 r-16dba41 r-1adg3ll r-1b5gpbm r-a8ghvy" dir="ltr">
  This downturn aligns with broader market jitters, as seen in the modest gains of the S&amp;P 500 (1.07%) and Nasdaq (1.71%) juxtaposed against a slight NYSE decline (0.41%). Mitchnick’s assertion challenges conventional wisdom, which often views recessions as kryptonite for risky assets like crypto. Instead, he argues that economic downturns could drive investors to Bitcoin as a “digital gold”—a hedge against inflation and currency devaluation.
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  <p dir="ltr" lang="en">ICYMI: BLACKROCK GLOBAL HEAD OF DIGITAL ASSETS ROBBIE MITCHNICK SAYS “A RECESSION WOULD BE A BIG CATALYST FOR BITCOIN”</p>
  <p><a href="https://t.co/F4eWq1WPmS" rel="noopener noreferrer nofollow">pic.twitter.com/F4eWq1WPmS</a></p>
  <p>— DEGEN NEWS (@DegenerateNews) <a href="https://twitter.com/DegenerateNews/status/1902292905898770757?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 19, 2025</a></p>
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 <div class="css-146c3p1 r-bcqeeo r-1ttztb7 r-qvutc0 r-37j5jr r-a023e6 r-16dba41 r-1adg3ll r-1b5gpbm r-a8ghvy" dir="ltr"><span class="css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3"><span class="css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3 r-a8ghvy">“Why would a recession boost Bitcoin?” you might ask. Well, Mitchnick’s logic hinges on Bitcoin’s decentralized nature and its appeal as a store of value during turbulent times. As traditional markets falter, he believes savvy investors might “jump on the bandwagon”. It seeks refuge in crypto’s promise of autonomy from government-controlled currencies. </span></span>
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 <h5 class="css-146c3p1 r-bcqeeo r-1ttztb7 r-qvutc0 r-37j5jr r-a023e6 r-16dba41 r-1adg3ll r-1b5gpbm r-a8ghvy" dir="ltr"><strong>More About BlackRock</strong></h5>
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 On March 19, 2025, BlackRock made headlines by purchasing 2,660 Bitcoin, marking the largest inflow into its <a href="https://finance.yahoo.com/quote/IBIT/?guccounter=1&amp;guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&amp;guce_referrer_sig=AQAAAJE8OWIwkoQ98Ba7Q5qMkc-dG-dSSc_mEMduW1t7SlSGdjSkZ3J9Fo4jlFCryBcExidiNFuKEeN3vhOXBLfpHrBxWegQYZpNdWX84ggSQMH8rj5IW3D1fbHwSIEpaRgeSPjk0G289QQoBf-WXeBzbumaiL66tUqWxEDneuSeiEmY" target="_blank" rel="noopener noreferrer nofollow">iShares Bitcoin Trust (IBIT)</a> in six weeks. Complementing this move, the attached chart of IBIT Bitcoin inflows reveals a compelling trend: since January 2024, the fund has seen a steady rise in total Bitcoin holdings, reaching 580,578.3K by March 2025—a staggering increase from 33.4K at the start of 2024.
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 <blockquote class="twitter-tweet">
  <p dir="ltr" lang="en"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;">Blackrock Buys 2660 Bitcoin</p>
  <p>Largest inflow in six weeks <a href="https://t.co/MxfB9DxGwT" rel="noopener noreferrer nofollow">pic.twitter.com/MxfB9DxGwT</a></p>
  <p>— Thomas Fahrer (@thomas_fahrer) <a href="https://twitter.com/thomas_fahrer/status/1902163990744306103?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 19, 2025</a></p>
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 Daily inflows, shown in green, have fluctuated, with notable peaks like 14.6K in late 2024. Several instances of 6K to 12.6K throughout the year, though occasional outflows, such as a 3.4K dip. This highlights the market’s ups and downs. This data reflects BlackRock’s strategic accumulation of Bitcoin, positioning it as a major player in the crypto space.
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<h6><strong>Disclaimer</strong></h6>
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers, and their risk tolerance may differ from yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p>
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/blackrock-recession-could-ignite-bitcoin/" rel="noopener noreferrer nofollow">BlackRock: Recession Could Ignite Bitcoin</a> appeared first on <a href="https://www.altcoinbuzz.io" rel="noopener noreferrer nofollow">Altcoin Buzz</a>.</p>

BlackRock: Recession Could Ignite Bitcoin

Altcoin Buzz

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