貝萊德數字資產負責人羅比·米奇尼克（Robbie Mitchnick）說，比特幣（BTC）很可能會在經濟衰退的宏觀環境中蓬勃發展

投入：貝萊德（Blackrock）的數字資產負責人羅比·米奇尼克（Robbie Mitchnick）說，比特幣很可能在經濟衰退的宏觀環境中蓬勃發展，這與某些分析師的想法相反。

Some analysts may be thinking that Bitcoin will struggle in a recessionary macro environment, but BlackRock’s head of digital assets, Robbie Mitchnick, says that the asset will likely thrive in such an environment.

一些分析師可能認為比特幣將在經濟衰退的宏觀環境中掙扎，但是貝萊德的數字資產負責人羅比·米奇尼克（Robbie Mitchnick）表示，該資產可能會在這樣的環境中蓬勃發展。

At least that’s according to what Mitchnick had to say in a recent interview with Yahoo Finance.

至少這是根據米奇尼克（Mitchnick）在最近接受雅虎金融（Yahoo Finance）採訪中所說的話。

“I don’t know if we’ll have a recession or not, but a recession would be a big catalyst for Bitcoin,” Mitchnick said.

米奇尼克說：“我不知道我們是否會衰退，但衰退將是比特幣的巨大催化劑。”

Mitchnick said that Bitcoin (BTC) is catalyzed by increased fiscal spending, deficit accumulation, lower interest rates and monetary stimulus — all of which tend to happen in recessions.

米奇尼克（Mitchnick）說，比特幣（BTC）因財政支出增加，赤字積累，較低的利率和貨幣刺激而催化，所有這些都傾向於在衰退中發生。

“And it’s catalyzed to some extent over fears of general social disorder. And that too, unfortunately, is something that can happen in a recession.”

“這在某種程度上催化了人們對普通社會障礙的恐懼。不幸的是，這也是經濟衰退中可能發生的事情。”

🚨 LATEST: BlackRock (BLK) Global Head of Digital Assets Robbie Mitchnick says, "If you look at Bitcoin fundamentally on a long-term basis, it really seems like an asset that should be uncorrelated or even inversely correlated against certain risk factors that exist."

🚨最新：貝萊德（BLK）全球數字資產負責人羅比·米奇尼克（Robbie Mitchnick）說：“如果您長期從根本上看比特幣，那麼它似乎確實是一種資產，應該是不相關甚至與存在的某些風險因素不相關的資產。”

Mitchnick said the market is "not particularly well calibrated" to Bitcoin, and many still view it as a risk-on asset.

米奇尼克（Mitchnick）表示，市場對比特幣“不太校準”，許多人仍然將其視為風險資產。

Risk-on assets, such as stocks, commodities and high-yield bonds, tend to suffer during times of economic crises, but Mitchnick said in September that he believed the asset was mislabeled.

股票，大宗商品和高收益債券等風險支出資產在經濟危機時期往往會受到影響，但米奇尼克（Mitchnick）在9月表示，他認為資產標記了。

Mitchnick said BlackRock has been helping some of its clients see through some of these conflicting narratives.

米奇尼克（Mitchnick）說，貝萊德（Blackrock）一直在幫助一些客戶通過其中一些矛盾的敘述來看到。

He added that some of BlackRock’s more “sophisticated long-term Bitcoin accumulator” clients see the market correction as a buying opportunity and aren’t bothered by the current economic headwinds.

他補充說，貝萊德（BlackRock）的一些更為複雜的長期比特幣蓄能器的客戶將市場更正視為購買機會，並且並沒有被當前的經濟逆風所困擾。

Meanwhile, researchers from cryptocurrency exchange Coinbase were less bullish, saying crypto’s positive outlook for the first quarter had “clearly been misplaced” by recession fears and the recent tariffs imposed.

同時，加密貨幣交易所Coinbase的研究人員不太看好，稱Crypto對第一季度的積極前景“顯然是放錯了”的經濟衰退恐懼和最近徵收的關稅。

“Fears of a dramatic US economic slowdown or even recession have caused sentiment to turn sharply,” Coinbase Institutional said in its monthly outlook report on March 17.

Coinbase Institutional在3月17日的每月展望報告中說：“對美國經濟放緩甚至衰退的恐懼引起了人們的情緒急劇發展。”

Related: Crypto market’s biggest risks in 2025: US recession, circular crypto economy

相關：加密貨幣市場在2025年的最大風險：美國衰退，循環加密經濟

BlackRock has played a key role in the institutional and wealth advisory adoption of Bitcoin through its iShares Bitcoin Trust ETF — which holds the most net assets of any Bitcoin investment product at $48.7 billion.

貝萊德通過其Ishares比特幣信託ETF在製度和財富諮詢諮詢中發揮了關鍵作用，該比特幣信託ETF擁有任何比特幣投資產品中最多的淨資產，均為487億美元。

Mitchnick isn’t worried about the mass net outflows across most spot Bitcoin exchange-traded funds of late — pointing out that it has mostly come from hedge funds’ unwinding of the spot futures arbitrage trade, not the long-term buy-and-hold investors.

米奇尼克（Mitchnick）並不擔心最近大多數現貨比特幣交易所交易資金的大規模淨流出，這主要來自對沖基金對現貨期貨套利交易的放鬆，而不是長期購買和持有的投資者。

Bitcoin is currently trading at $86,000, up 3.8% over the last 24 hours.

比特幣目前的交易價格為86,000美元，在過去24小時內增長了3.8％。