Bitcoin
Bitcoin
Out of context: Reply #1341
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- sarahfailin1
I've been thinking too about this possible oncoming economic recession. Bitcoin (and therefor all the coins) has only a slight positive correlation to the S&P 500, which means that if the broader stock market takes a dip, crypto could be a good place to abscond your funds to... at least while the bubble is bubbling.
This would be the first time that we saw the crypto market in action alongside an economic downturn. It will be interesting to see what happens...
And if you haven't heard about the recession knocking at our door, here's an article:
https://www.nytimes.com/2018/06/…