Bitcoin (BTC) $61,763.50 -1.55%
Ethereum (ETH) $1,747.71 -0.95%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 80.240296 -1.08%
Cardano (ADA) $0.18 -4.66%
Chainlink (LINK) $7.84 -1.09%
Litecoin (LTC) $44.30 -1.06%
Dash (DASH) $34.47 -1.68%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.234197 -2.56%
X-Cash (XCASH) 1.0E-6 0.00%
Dogecoin (DOGE) $0.00 0.38%

Cryptocurrencies: 29378

Markets: 112836

Market Cap: $2,147,317,943,823

24h Vol: $67,095,110,991

Bitcoinist

2022-12-05 18:41:45

Bitcoin More Recession-Resilient Than META, Comparison Shows

Bitcoin More Recession-Resilient Than META, Comparison Shows

Bitcoin continued to make new bear market lows and has essentially failed as an inflation hedge. The ongoing recession-like macro environment has dramatically reduced the price per BTC and the share prices of top tech giants across the globe. In a direct comparison with the Mark Zuckerberg-owned META, the top cryptocurrency by market cap appears

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