The U.S. Federal Reserve's announcement that it is no longer forecasting a recession has led to a cautious rally in Bitcoin and crypto markets. However, financial experts warn that caution may be warranted as the potential for recession remains a looming concern. The recent decline in the annual average M2 growth and deflationary pressures in the economy are among the warning signals. While some believe that Bitcoin could behave like a safe haven asset during a recession, others argue that it might behave more like a risk asset.
All Comments