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Recession Odds Being At 35% Bodes Well For Cryptocurrency Owners
Summary: The United States and most of Europe is on the precipice of another huge recession, as the likelihood of seeing a recession in the next 12-month sits at around 35%, according to BeInCrypto. 35% is around the same odds back in July of 2007 before the huge recession hit. While this news has many worried ...
The United States and most of Europe is on the precipice of another huge recession, as the likelihood of seeing a recession in the next 12-month sits at around 35%, according to BeInCrypto.
35% is around the same odds back in July of 2007 before the huge recession hit. While this news has many worried about the looming market downturn, cryptocurrency investors are optimistic. When markets have experienced crashes in the past cryptocurrency has sprung to life. One example is when the FTSE 100 crashed 10%, the cryptocurrency market grew by 20%.
By Ramsey Baker
Tags: Cryptocurrency,recession
Link: Recession Odds Being At 35% Bodes Well For Cryptocurrency Owners [Copy]
