Coinbase released a weekly report saying that the U.S. economy could peak in the second quarter of 2024. And if the U.S. economy subsequently falls into recession, retail investors may be reluctant to take new positions in stocks or cryptocurrencies.
In addition, the report also pointed out that regardless of which candidate wins, the US election in November is likely to trigger more fiscal expansion. This is a strong incentive to buy bitcoin as an alternative to the traditional financial system.
Coinbase: US economy may peak in the second quarter of this year
2024-07-12 15:56:39
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Coinbase：美国经济或于今年第二季度触顶Next article：
Tether CEO：USDT应被视为数字美元
