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BlackRock CEO: Still not ruling out the possibility of another 20% market drop, but more buying opportunities

BlackRock CEO: Still not ruling out the possibility of another 20% market drop, but more buying opportunities

CointimeCointime2025/04/07 19:00
By:Cointime

Larry Fink, CEO of BlackRock, said: I still do not rule out the possibility of the market falling by 20% again. The United States is currently the source of instability. There are concerns about high inflation and rising interest rates. Trump has always been concerned about areas that lead to inflation and economic instability. Most of the CEOs he has contacted believe that the U.S. economy is already in recession and are skeptical of speculation that the Fed will cut interest rates multiple times in 2025. However, in the long run, there are more buying opportunities than selling opportunities. Larry Fink has previously stated that market turmoil is a "buying opportunity" and has suggested that BTC may become the next global reserve currency.

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