3 / 5 Relevant items tagged with #Recession

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Paradox in Economic Headwinds: Recession or Inflation

[Oct 4, 2023 9:00 AM] The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now…

Will XRP Price Defy A 50% Stock Market Crash? Analysts Share Predictions

[Oct 4, 2023 5:00 AM] The financial world is abuzz with speculations on the resilience of cryptocurrencies amidst potential global financial upheavals and a looming recession in the United States. XRP, with its unique standing, has become the centerpiece of these…

Bitcoin price holds steady as S&P 500 plunges to 110-day low

[Sep 27, 2023 1:51 PM] The S&P 500 dropped to a 110-day low as the market digests what “higher for longer” means for stocks. Will Bitcoin begin to chart its own path?

Bitcoin price at risk? US Dollar Index confirms bullish ‘golden cross’

[Sep 26, 2023 12:54 AM] Concerns over the U.S. dollar’s impact on Bitcoin may be overstated by investors, particularly in the longer term.

Bitcoin investors are bullish on the US Fed’s $100B loss

[Sep 18, 2023 1:30 PM] The debt ceiling is unlikely to hold as the government faces increased pressure from interest rate payments, a potential catalyst for Bitcoin and cryptocurrencies.

JPMorgan CEO Jamie Dimon Warns of Recession — Says ‘Huge Mistake’ to Think US Economy Will Boom for Years

[Sep 12, 2023 6:00 PM] Jamie Dimon, chairman and CEO of JPMorgan Chase, has warned that it is “a huge mistake” to think that the U.S. economy will boom “for years” given that there are so many risks out there. The executive stressed: “I just…

Persistent macro headwinds could delay Bitcoin bull market — ARK Invest

[Sep 7, 2023 2:42 PM] Several macroeconomic indicators suggest that bearish headwinds could strengthen during the remainder of 2023 and possibly negatively impact the crypto market.

Bitcoin And Cryptos Poised For Final Surge Before US Recession, Here’s Why

[Aug 31, 2023 12:20 AM] In the intricate dance of global finance, traditional economic indicators and the burgeoning Bitcoin and crypto market are becoming increasingly intertwined. Recent macroeconomic data from the US suggests a cooling economy, and this could have…

Legendary Investor Jeremy Grantham Predicts Inevitable US Recession, Challenges Fed’s Forecast

[Aug 20, 2023 12:30 PM] A significant portion of investors and financial organizations surmise that the U.S. could avert a recession, but Jeremy Grantham, the co-founder of investment firm Grantham Mayo Van Otterloo (GMO), deems it inescapable. Grantham contends that the…

‘Our Country Is Going to Hell’ — Trump Warns of US Losing Global Currency Dominance

[Aug 17, 2023 12:00 PM] The 45th president and previous White House occupant, Donald Trump cautions that America is in danger of losing its global influence. In an interview with Larry Kudlow, Trump stated while the U.S. retains significant power, its position is “waning”…

Goldman Sachs Expects Fed to Start Cutting Interest Rates in Q2 Next Year

[Aug 15, 2023 12:30 AM] Goldman Sachs has predicted that the Federal Reserve will start cutting interest rates in the second quarter of next year. The global investment bank’s economists also expect the Fed officials to forego hiking rates at their upcoming meeting…

CPI report may show uptick in US inflation — How will Bitcoin price react?

[Aug 8, 2023 11:47 AM] Bitcoin price remains range bound as equities, gold and US Treasuries offer competitive rates with reduced risk. This week’s CPI report could shake things up.

Bitcoin Faces Increased Risk Relative to Stocks: Commodity Strategist Mike McGlone Warns of Challenges

[Aug 7, 2023 12:30 PM] Seasoned commodity strategist Mike McGlone says bitcoin is now riskier relative to stocks, while he further warned that economic downturn pressures may hold silver prices at bay. Bitcoin Volatility Low, Silver Faces Challenges: McGlone In a client…

JPMorgan Economists Discard Prior Recession Prediction, Foresee US Economic Resilience

[Aug 5, 2023 3:30 PM] JPMorgan’s economists have jettisoned previous predictions of an impending U.S. recession. Their chief U.S. economist, Michael Feroli, is confident that the American economy will maintain a modest but steady growth trajectory throughout the…

Where’s the recession? These 3 economic indicators can alert investors to a market downturn

[Jul 31, 2023 2:35 PM] Analysts have called for a U.S. recession all year, but stocks continue to creep higher. Here are three metrics investors can watch to know if an economic downturn is coming.

QI Research’s DiMartino Booth Foresees ‘Full Damage’ Yet to Unfold in US Banking Sector

[Jul 31, 2023 1:30 PM] Danielle DiMartino Booth, holding the dual roles of CEO and chief strategist at QI Research, foresees that the 22-year peak in interest rates set by the Fed is merely a precursor to what’s to come. She anticipates further upheaval within the…

Fed’s No Recession Claim Boosts Bitcoin And Crypto, Historical Data Contradicts

[Jul 27, 2023 10:00 AM] Arguably the most important takeaway from yesterday’s FOMC meeting was that the U.S. Federal Reserve (Fed) is no longer forecasting a recession, which led to a cautious rally in Bitcoin and crypto markets today. Fed Chairman Jerome…

End of Fed’s Tightening Cycle: Bernanke, Majority of Polled Economists See Terminal Rate Hike Ahead

[Jul 23, 2023 3:30 PM] With just a four-day window to go, the U.S. Federal Reserve appears primed to raise the federal funds rate by 25-basis-points (bps) at the forthcoming Federal Open Market Committee (FOMC) meeting scheduled for Wednesday. The market presently…

Experts Warn of Impending Recession in the US as Survey Reveals 59% Chance by July 2024

[Jul 13, 2023 8:00 PM] A recently published survey by Bankrate reveals that there is a 3-in-5 likelihood of a recession occurring in the United States within the next year. Bankrate’s survey of economists firmly indicates that the chances of a recession taking…

Bitcoin price rallies to $31.8K, but derivatives data highlights BTC bears’ advantage

[Jul 13, 2023 3:30 PM] Bitcoin’s price is following in XRP’s footsteps by rallying close to $32,000, but the price could pull back in the face of this week’s $720 million options expiry.

Ark Invest Report Reveals 70% of Circulating Bitcoin Supply Remains Unmoved for a Year

[Jul 6, 2023 3:30 PM] In a newly published report by the American investment management firm Ark Invest, the leading cryptocurrency, bitcoin (BTC), has found support from “strong holders and improved institutional sentiment.” Ark detailed that during the…

Bullish On Bitcoin And Crypto: Why A Major Recession Crash Is Not Coming

[Jul 4, 2023 2:05 AM] In the world of financial markets, Bitcoin and crypto, fear and uncertainty often dominate the headlines. Over the past few months, there has been growing speculation about an impending recession and the possibility of a major crash in risk assets…

Crypto offers Africans a ‘lifeline’ from inflation and corruption, say execs

[Jun 29, 2023 4:52 PM] Chris Maurice, founder and CEO of crypto exchange Yellow Card said in Africa, crypto isn't the "casino" that it can sometimes feel like in the West.

Macro Strategist David Hunter Predicts Global Markets’ ‘Melt Up’ Surge in Q4 2023, Followed by Impending ‘Bust’

[Jun 23, 2023 2:30 PM] David Hunter, the chief macro strategist at Contrarian Macro Advisors, predicts an interesting development for global markets in the fourth quarter of 2023. According to him, global markets will experience a remarkable surge, aptly described as a…

Bitcoin price races toward $27K, but a swift recovery is not confirmed by market data

[Jun 8, 2023 2:59 PM] BTC’s price recovered quickly from this week’s swing low, but derivatives data hints that a challenging road lies ahead.

Bank of America Predicts Milds Recession After Fed’s Tightening Action

[Jun 6, 2023 1:30 AM] Bank of America is predicting a mild recession will happen during the last two quarters of 2023. Brian Moynihan, CEO of Bank of America stated that this recession will be the consequence of the U.S. Federal Reserve tightening actions in order to…

Investors Seek Refuge in Cash as Recession Fears Mount, BOFA Survey Reveals

[May 18, 2023 12:30 AM] Investors, plagued by mounting pessimism, have sought refuge in cash, according to a recent survey conducted by Bank of America. The survey highlights a notable 5.6% increase in cash reserves during May, as apprehensive investors brace themselves…

Hedge Fund Mogul Stanley Druckenmiller Warns of ‘Hard Landing’ for US Economy

[May 14, 2023 4:30 PM] Billionaire hedge fund manager Stanley Druckenmiller has a dire prediction for the U.S. economy: a recession is looming, and it’s likely set to hit this June. Druckenmiller’s forecast comes as American consumer spending remains low, and is…

Bitcoin bears need BTC price to go below $27K ahead of Friday's $900M options expiry

[May 11, 2023 6:26 AM] Bitcoin price giving up ground over the past week to slide below $28,000 has put bears in a better position for Friday's expiry.

Ethereum price outlook weakens, but ETH derivatives suggest $1.6K is unlikely

[May 2, 2023 6:48 AM] Another top 20 U.S. bank bites the dust, but Ether’s price fails to benefit from the event.