Recession Fears Erupt Amid Bullish Crypto Market Sentiment, What’s Next

Quick Summary:

With the Bitcoin price sliding below $100k, the crypto market sentiments drifted away from the ‘Greed.’ However, the outlook can get even worse, as the recent market finding hints at the possibility of a global economic recession, which could create a major crash for all financial markets.

The crypto market depends on hundreds of factors and could occasionally bring high volatility.

Additionally, the GDP growth and unemployment hikes in the previous recession align with the falling yield.

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Article Details

Author / Journalist: Pooja Khardia

Category: Crypto

Markets: India

Topics: Recession Crypto market crash 24/7 Cryptocurrency News Crypto market news

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-04 @ 12:57:04 (4 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 542 words

Reading Time: 4 minutes read

Sentences: 42 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 24886013

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 33 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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