Bitcoin (BTC) $89,609.93 0.59%
Ethereum (ETH) $3,041.56 1.00%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 132.886579 1.00%
Dogecoin (DOGE) $0.14 1.44%
Cardano (ADA) $0.42 1.61%
Chainlink (LINK) $13.99 3.84%
Litecoin (LTC) $82.16 2.60%
Dash (DASH) $47.54 1.08%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 1.954297 1.50%
X-CASH (XCASH) 1.0E-6 0.00%

Cryptocurrencies: 28005

Markets: 116055

Market Cap: $3,052,473,135,211

24h Vol: $86,926,750,486

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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