U.S. Economy Shrinks Unexpectedly, Amplifying Recession Fears

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“Today’s numbers suggest that we are likely closer to a recession than previously thought,” said Joe Haggenmiller, head of markets at XBTO, a crypto finance firm. “It therefore stands to reason that if negative growth persists, the equity markets may suffer and bitcoin may as well because of its positive correlation.”



Source link Coin Desk

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