Tag: Recession

Jerome Powell Says Recession Unlikely as Bitcoin Rises as Hedge

Federal Reserve Chair Jerome Powell reassured the nation, asserting a strong stance against the looming fear of recession, while Bitcoin gains as a hedge....

Morgan Stanley Expects Recession: Impact on Crypto

Morgan Stanley’s Ellen Zentner predicts a hard landing for the US economy. Her statements come amid Bitcoin’s recent tear and market expectations that...

Which One Is Best if a Recession Hits?

Whenever there’s talk of a recession, comparisons between gold and Bitcoin inevitably surface, especially in light of possible Bitcoin ETF approvals. While most mainstream...

A Crypto Recession Looming? Commodity Strategist Raises The Red Flag

Bitcoin (BTC) surged above the $28,000 mark on Monday, but amid the elation of this milestone, concerns loom large in the crypto market. Mike...

Wall Street Banks Downplay US Recession as Stock Markets Fall

US stock markets have taken a hit since Wall Street bankers and the central bank dismissed the specter of a recession. Furthermore, crypto...

US Recession and Slow Recovery Bets Locked in By Burry

Renowned American investor and hedge fund manager Michael Burry has made a big bearish bet on stock markets. The move against the market...

Recession or No Recession? What Financial Experts Are Saying

As market jitters rise and whispers of a looming recession grow louder, a clutch of financial experts continues to debate whether the storm...

What Is the Impact of a Recession on Crypto?

With its inherent volatility, the cryptocurrency market is girding itself for a new challenge: the potential impact of an economic recession. The complex...

Stocks Rise Despite US Recession Threat as Economy Slows

Equities surged despite the U.S. economy recording a lower-than-expected 1.1% annualized growth in the first quarter as interest rate hikes weighed on GDP...

Fed Predicts Recession: Buy Bitcoin and Ethereum?

The US Federal Reserve has predicted a recession, and the IMF predicts a sluggish global economy. Is now the time to buy Bitcoin...

Recession Fears Could Quash Any Crypto Market Recovery

Crypto markets are in the green today, but the rally could be short-lived if there is little improvement in the macroeconomic climate this...

Time to Hoard Bitcoin? Global Recession Forecast Is Now a Reality

Bitcoin’s deflationary model could prove vital for hodlers as World Bank officials warn of a probable global recession in 2023. Economists from the Washington-based...

IMF Head Warns Of Major Recession, What It Means For Bitcoin

While the Bitcoin and crypto markets are still dealing with the aftermath of the FTX collapse, IMF chief Kristalina Georgieva is warning of...

Cryptos Flat as Recession Fears Outweigh Better U.S. Productivity

Bitcoin remained reasonably steady at around the $16,850 mark as U.S. nonfarm productivity rose 0.6% for Q4 2022. The slight quarter-on-quarter increase in productivity...

Crypto Surges After Lower PPI, But 2023 Recession Likely

The U.S. Producer Price Index (PPI) rose 0.2% between Sep. and Oct. 2022, beating analysts’ expectations of 0.4%, according to a report released...

As Economies struggle, Can Bitcoin Triumph in a Global Recession?

The US is struggling to admit that the economy is in recession. That’s despite a recent warning by the World Bank that the...