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US recession odds near 50%: Can Bitcoin copy 2020 comeback gains?

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 41 Views

US recession odds near 50%: Can Bitcoin copy 2020 comeback gains?

US recession fears multiplied this week as BlackRock's Larry Fink warned of a "global" downturn over oil prices, with Bitcoin still tied to stocks.

Bitcoin (BTC) faces a new macro test as markets increasingly bet on the US entering recession in 2026.

Key points:

Bitcoin could face a new challenge in the form of its first recession after the COVID-19 crash.

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