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recession
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.
We Are in the 'Middle Innings' of a Recession: Global X ETF Exec
"Given the aggressive stance that the Fed has taken in terms of raising interest rates, I think that we are probably in the middle innings of a recession," Adam Sze of Global X ETFs tells "First Mover." Plus, he explains why this crypto winter "feels different" compared to previous cycles.
Bitcoin Sinks Below $19K Ahead of Key Fed Decision
Bitcoin (BTC) slips below $19,000 ahead of the upcoming FOMC meeting this week. Adam Sze, SVP and head of digital assets at Global X ETFs, discusses global recession concerns and his outlook on the crypto markets. Plus, his prediction on the Fed's next expected interest rate hike.
Crypto Markets Outlook Amid Signs Inflation May Have Peaked
BTC, ETH, and other major cryptos continue to climb higher over the past month as investors respond favorably to the latest U.S. economic indicators, suggesting the worst of inflation is behind us and the global economy may not plummet into a steep recession.
Will U.S. Recession Woes Impact Price of Bitcoin?
Bitcoin is flirting with $24,000 amid rising inflation and recession concerns. CoinDesk markets reporter Helene Braun joins “All About Bitcoin” to explain how politicians are defining a recession in this current economic environment. Plus, a closer look at how the Federal Reserve is impacting the crypto market.
Bitcoin Outlook as Yellen Says US Economy Not in Recession
Treasury Secretary Janet Yellen said the US economy is not in a recession, despite GDP falling 0.9% in the second quarter. Tactive Wealth Advisor Eddy Gifford reacts to Yellen's latest comments and shares his insights on whether the bitcoin rally is here to stay.