BlackRock CEO: Still does not rule out the possibility of a further 20% market decline, but there are more buying opportunities

ChainCatcher news, BlackRock CEO Larry Fink stated: I still do not rule out the possibility of the market dropping another 20%. The U.S. is currently a source of instability, with concerns about high inflation and rising interest rates. Trump has been focusing on areas that lead to inflation and economic instability. Most CEOs I have spoken to believe the U.S. economy is already in recession and are skeptical about the speculation that the Federal Reserve will cut rates multiple times in 2025.

But in the long run, there are more buying opportunities than selling opportunities. Larry Fink previously stated that market chaos is a "buying opportunity" and mentioned that BTC could become the next global reserve currency.