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Bitcoin Recovers to Over $19K, Nomura Warns of US, UK Recession

The firm also warned of a recession in the eurozone and Asia Pacific, which could influence crypto prices.

By Shaurya Malwa
Updated May 11, 2023, 5:24 p.m. Published Jul 4, 2022, 2:16 p.m.
Nomura said it expects growth to slow worldwide and warned of a recession in Europe, the U.S. and Asia. (YinYang/Getty Images)
Nomura said it expects growth to slow worldwide and warned of a recession in Europe, the U.S. and Asia. (YinYang/Getty Images)