Blackrock CEO issues a serious warning in Bitcoin of $ 1 trillion

03/13 update below. This post was originally published on March 11
Bitcoin and encryption prices decreased sharply, after stock markets, It is also afraid that the price of bitcoin may swing on the verge of a major crash.
Bitcoin price has decreased less than $ 80,000 per bitcoin, which led to a decrease in the broader encryption market that has now erased a trillion dollars of value in only one month (Even when traders are betting on the American President Donald Trump, “Change the game”).
now, While Elon Musk issues a sudden warning to encryptionThe CEO of the largest asset manager in the world has warned Black Rock that Trump’s commercial policies would make inflation – hoping that the federal reserve will reduce interest rates until 2025.
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Larry Fink, CEO of Blackrock, warned of inflation to return in 2025, … [+]
“I think that if we all become more national – and I don’t say this is bad, as you know, it resonates with me – that it will be at an upholstery.” I mentioned by Reuters.
03/13 update: Inflation in the United States slowed to 2.8 % in February of the previous year, which increased the Federal Reserve issue to reduce interest rates, but the failure to compensate for fears that the World War for the Global Trade of US President Donald Trump will increase prices until 2025.
Reading the latest consumer price index (CPI) came in less than 3 % in January and 2.9 % expected by economists, according to Reuters poll.
“The low consumer price index must be expected today, which indicates faster discounts in prices, but the encryption has not interacted strongly,” Youwei Yang, Bit mining’s chief economist, said in the email comments.
“Fear for the market requires more than just a good printing to restore confidence. The real issue is Trump’s aggressive tariff, which risk making inflation more attached to the breakdown of markets and registration of workers’ demobilization, especially through a circle of government competence. This places close to inflation in prices, which leads to reducing the rate of inflation in the future. The shares are wearing, but the encryption is still slow.
Meanwhile, Goldman Sachists have increased the possibility of recession over the next 12 months from 15 % to 20 %, pointing to Trump’s economic policies as “the main risks”.
Last week, Jerome Powell, head of the Federal Reserve, said that the Federal Reserve is not in a hurry to reduce prices, as the labor market is still strong and enlarged a rugged path towards its 2 % goal.
The CME Fedwatch tool shows that the market is betting strongly on the rates of federal reserve papers at its meeting next March, but it is divided into whether the rates will be reduced in May.
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Bitcoin price decreased sharply from its highest levels ever, which raised fears of bitcoin, which is waving on the horizon … [+]
On Wednesday, the latest inflation data in the United States will decrease in the form of the Consumer Prices Index (CPI), where consumer prices are expected to be in February, According to to BloombergWith the highlight of slow progress in the Federal Reserve to combat inflation and possibly stagnate the recession – which is stimulated by economic slowdown along with the rise in escalating prices.
“This stagnation in the market is largely driven by broader economic interests, including fears of American recession and continuous inflation,” Sean Dawson, head of research on the decentralized options trading platform, said in the comments via e -mail.
“The market faces great challenges with the exacerbation of the macroeconomic environment, and the encryption assets are not an exception. By building landmarks, merchants turn into hedge strategies in the negative side, especially with fluctuations in both traditional markets and encryption. The coming weeks will be very important to assess how the broader economic situation affects the prices of digital assets and trading behavior.”
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