![How Would a Recession Impact Cryptocurrencies? How Would a Recession Impact Cryptocurrencies?](https://coinregwatch.com/wp-content/uploads/2024/02/how-would-a-recession-affect-cryptocurrency-600x400.jpg)
How Would a Recession Impact Cryptocurrencies?
Recessions involve negative gross domestic product (GDP) growth and elevated unemployment levels over an extended period, often triggered by inflation or financial crises decimating markets [1]. As the world faces fresh recession probabilities in 2023 amidst looming economic turmoil, an natural question arises – How Would a Recession Impact Cryptocurrencies? Historically crypto markets strongly correlated…