Bitcoin (BTC) $85,502.40 4.90%
Ethereum (ETH) $2,735.91 2.69%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 117.010189 4.69%
Chainlink (LINK) $12.96 3.18%
Cardano (ADA) $0.24 5.64%
Litecoin (LTC) $61.04 4.68%
Dash (DASH) $60.01 4.69%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.482274 5.43%
X-Cash (XCASH) 3.0E-6 0.00%
Dogecoin (DOGE) $0.00 6.63%

Cryptocurrencies: 30083

Markets: 114757

Market Cap: $2,905,163,519,719

24h Vol: $151,492,850,957

Coin-turk.com

2023-10-07 22:03:03

Bitcoin Could Collapse by 46% if the US Economy Enters a Recession, Warns Crypto Analyst

Bitcoin Could Collapse by 46% if the US Economy Enters a Recession, Warns Crypto Analyst

Experienced cryptocurrency analyst Nicholas Merten, known for his accurate predictions, has warned crypto investors that Bitcoin (BTC) could collapse if the US economy enters a recession. Merten highlighted that if the Federal Reserve’s hawkishness leads to a prolonged recession in the economy, Bitcoin could drop by over 46% from its current price.The post Bitcoin Could Collapse by 46% if the US Economy Enters a Recession, Warns Crypto Analyst appeared first on COINTURK NEWS.

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