recession
Bitcoin Back Above $19K After Plunge Triggered by Rising Inflation
Bitcoin (BTC) bounced back above $19K, regaining some momentum after the hotter-than-expected CPI report triggered a plunge in the token’s price. Digital Asset Research CEO Doug Schwenk discusses the possibility of a Fed pivot and his crypto outlook amid recession concerns.
Bitcoin Drops Below $19K as Inflation Increased 0.4% in September
Bitcoin (BTC) slipped to $18,300 following the 0.4% increase in Consumer Price Index for the month of September. Bob Iaccino, Path Trading Partners co-founder and chief market strategist, discusses his crypto outlook amid recession concerns.
Crypto Outlook as IMF Warns 'the Worst Is Yet to Come'
The International Monetary Fund cut its growth outlook for 2023, suggesting rising interest rate hikes could spark a global recession. Separately, JPMorgan Chase CEO Jamie Dimon warned the U.S. could be headed for a recession in 6 to 9 months. "The Hash" panel discusses what this means for the crypto markets.
Bitcoin Struggles Around $19K Ahead of Inflation Data
Bitcoin (BTC) traded flat at $19,200 ahead of the next inflation report coming later this week. GSR Markets Global Head of Product Benoit Bosc joins “First Mover” to discuss his crypto outlook amid recession concerns. Plus, why he is hopeful about crypto eventually decoupling from the stock market.
Bitcoin Back Above $19K as Recession Concerns Loom
Bitcoin (BTC) trading up slightly Monday after slumping to lows under $19,000 over the weekend as concerns over a potential global recession heighten, triggered by high interest rates and energy shortages. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Has Bitcoin’s Price Hit Bottom Yet?
Bitcoin (BTC) is trading sideways around $19,000, as central banks around the world continue to raise interest rates in a bid to tame inflation. Matt Weller, global head of research at Forex.com, joins “All About Bitcoin” to discuss if bitcoin has already hit bottom amid global recession concerns.
