Bitcoin (BTC) $66,132.49 0.91%
Ethereum (ETH) $1,926.32 0.01%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 77.887345 -0.32%
Chainlink (LINK) $8.69 0.67%
Cardano (ADA) $0.17 0.62%
Litecoin (LTC) $46.63 -1.40%
Dash (DASH) $34.48 1.21%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.206109 1.58%
X-Cash (XCASH) 4.0E-6 0.00%
Dogecoin (DOGE) $0.00 0.02%

Cryptocurrencies: 29523

Markets: 110502

Market Cap: $2,252,502,604,732

24h Vol: $70,187,166,686

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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