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Crypto

BlackRock Executive Bullish on Bitcoin Amid US Fiscal Concerns

2026/08/27 20:43(Updated 2026/08/27 15:02)

CoinPost

Written by Enzo

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BlackRock Executive Bullish on Bitcoin Amid US Fiscal Concerns

US Fiscal Concerns Bolster Bitcoin Support

US Fiscal Concerns Bolster Bitcoin Support

Robbie Mitchnick, the head of the digital assets division at major US asset management firm BlackRock, responded to CNBC's inquiries by stating that increasing concerns over the US fiscal deficit and debt levels are boosting investor demand for alternative stores of value such as Bitcoin (BTC) and gold. Mitchnick pointed out, 'Debt and deficits are a concern for the market.'

Fiscal concerns have once again become a topic...

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